PCG inks MoU with ExxonMobil on plastic recycling in Malaysia

From left: ExxonMobil advanced recycling venture executive Tracy Lattimer, ExxonMobil new market development vice president Dave Andrew, PCG MD/CEO Ir. Mohd Yusri Mohamed Yusof and head of strategic planning & ventures Yaacob Salim.

KUALA LUMPUR: PETRONAS Chemicals Group (PCG) Bhd has signed a memorandum of understanding (MoU) with ExxonMobil to assess the potential for large-scale implementation of advanced plastic recycling technology to help create a circular economy for plastics in Malaysia.

The companies will also evaluate opportunities to support improvements to plastic waste collection and sorting in the country.