Exxon targets $200M to expand plastics recycling operations at Texas plants

Exxon Posts 38 Percent Decline In Quarterly Profit

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Exxon Mobil (NYSE:XOM) unveiled plans Thursday to spend more than $200M to expand its advanced plastics recycling operations at its sites in Baytown and Beaumont, Texas, with a goal of reaching 1B lbs/year of global recycling capacity by 2027.

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