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 predict such materials could take a minimum of 450 years to biodegrade, if ever.
8 million
tons of plastic waste make their way into our oceans every year. This plastic does not decompose, it just breaks down into smaller pieces.
95%
of plastic packaging is used once.
1 billion
metric tons of plastic will be consumed by 2050.
$80B
the value of single use plastic thrown away each year.
400+
years for plastic to break down.
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.
How We Make an Impact
0
million pounds of new plastic that will be created from recycled materials.
0
million pounds per year of waste plastic avoiding landfills per facility.
0
fewer garbage trucks per year per facility.
Each Freepoint advanced recycling facility reduces GHG emissions by the equivalent of 450,000 cars.