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The report, “Economic Impact of Plastics-to-Oil Facilities in the U.S.,” assessed the economic potential of a rapidly developing technology called pyrolysis— more commonly known as plastics-to-oil. ACC’s analysis found that the U.S. could support as many as 600 of these facilities nationwide, which could yield $2.1bn in annual payroll and create up to $6.6bn in capital investment.
“Plastics-to-oil technologies have the potential to create thousands of jobs for skilled workers, contribute billions of dollars to the U.S. economy, cut our carbon emissions, and dramatically reduce the landfilling of a valuable energy source,” says Jon Angin, vice president of business development at Agilyx Corp. and chairman of ACC’s Plastics-to-Oil Technologies Alliance.
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