Australian packaging solution producer Amcor, with U.S. headquarters in Deerfield, Illinois, has inked a five-year deal with Irving, Texas-based ExxonMobil to purchase certified-circular polyethylene (PE) in support of its target to achieve 30-percent-recycled material across its portfolio by 2030.
Amcor said the volume of material will increase incrementally each year and is expected to reach 100,000 metric tons annually at the end of the contract period.
Through ExxonMobil’s Exxtend technology for advanced recycling, Amcor intends to leverage this material across its global portfolio, with a particular focus on the healthcare and food industries, which are required to meet stringent safety requirements for recycled plastic.
The company said the agreement will expand on its initial purchase of certified-circular PE material from ExxonMobil earlier this year.
Amcor said the certified-circular PE material will be sourced from ExxonMobil’s facility in Baytown, Texas, which, upon startup later this year, have a capacity to recycle 30,000 metric tons of plastic waste per year.
Earlier this year, Amcor launched a product rebrand including its new EcoGuard brand, which the company said makes it easier for customers to choose from a number of more sustainable solutions, including products that reduce the carbon footprint of packaging, are designed to be recycled and use recycled content or biomaterials.
Caption: Michael Zamora, Senior Vice President of Product Solutions at ExxonMobil, and Ron Delia, CEO at Amcor, sign their five-year agreement.