At the FlexPO+ 2023 (now incorporated into the ADI Forum), Richard Shaw, Director, Circular Economy & Sust., Americas Styrenics shared the company’s commitment to recycling and sustainability, speaking about the future of sustainable plastics. AmSty was heavily invested in polystyrene recycling, utilizing both dissolution and pyrolysis technologies to convert waste into virgin-quality material. These efforts, including a new off-take agreement for recycled benzene, were crucial as the company faced public pressure regarding plastic waste.
AmSty believed in scaling diverse recycling technologies, both mechanical and advanced, emphasizing that competition drives innovation. Shaw said the industry must rapidly accelerate progress beyond organic development, akin to a “moonshot.” He also said they should develop localized feedstock acquisition strategies to meet societal and regulatory demands for plastic repurposing.
About ADI Analytics
ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy transition, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.
Subscribe to our newsletter or contact us to learn more.
