The Problem
Estimates show that less than 10% of the plastic manufactured each year is recycled, with the production of material that is not typically recycled to increase by almost 4% every year until 2030. The majority of plastic ends up in oceans and landfills, posing a serious disruption to our ecosystems. Researchers estimate such plastic could take a up to 450 years or longer to biodegrade. At current rates, the plastics sector will account for 20% of total oil consumption by 2050, becoming one of the largest contributors to greenhouse gas emissions.
By 2050
our oceans are expected to contain more plastic than fish.
95%
of plastic packaging is used once.
15 million
the number of garbage trucks it would take to dispose of global waste plastic every year.
$100+ billion
the value of single use plastic thrown away each year.
400+
the number of years it takes for plastic to decompose.
Creating a More Sustainable Future
By improving recycling practices today, we can protect our environment and build a cleaner tomorrow.
Game Changing Approach
We recycle waste plastic into reusable products, that are otherwise destined for landfill.
- Freepoint utilizes innovative advanced recycling technology to process plastic that is not currently recycled.
- Our advanced recycling systems employ proven pyrolysis technology, decreasing plastic waste sent to landfills.
- By converting plastic waste into reusable products, less oil is required to be extracted from the ground.
- The result, a more sustainable economy, transitioning off fossil fuels.
Each Freepoint Recycling Facility
0
million pounds per year of waste plastic will avoid landfills.
0
fewer trucks needed per year.
0
million pounds of new plastic will be created from recycled materials.
Each Freepoint advanced recycling facility reduces GHG emissions by the equivalent of 15,000 cars.