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WASHINGTON (May 9, 2019) – The Plastics-to-Fuel and Petrochemistry Alliance today announced that it changed its name to The Chemical Recycling Alliance (TCRA) and added three new members. The expanding membership demonstrates the wide range of economic and environmental potential of these technologies.
“Advanced recycling and recovery technologies, such as chemical recycling, present a critical and tremendous opportunity for the entire plastics value chain. Members of the American Chemistry Council’s Plastics Division have committed to recycling or recovering all plastic packaging in the United States by 2040, and TCRA technology providers will play an important role in realizing that goal,” said Craig Cookson, senior director, recycling and recovery. “A recent report found that many chemical recycling technologies are still in a nascent phase, but can reach scale with strategic investments and new, vertically-integrated business models.
“We urge the entire value chain, including brands and technology providers, to work with us in promoting policies that help bring these solutions to scale.”
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