Giant companies who pledged they would act to stop plastic pollution are funding new factories that will create millions of tons of plastic, a charity has revealed. A consortium of big name multinational corporations pledged $1billion (£778m) over five years to tackle plastic production – with the aim of increasing this to $1.5billion. But analysis of the firms’ investment plans show a host of new plants which will spew out vast quantities tons of new plastic packaging are in the pipeline. Scroll down for video Giant companies who pledged they would act to stop plastic pollution are funding new factories that will create millions of tons of plastic, a charity has revealed (stock image) Shell, one of the members of the Alliance to End Plastic Waste is building a multibillion dollar plant that will churn out 1.6million tons of polyethylene [PET] – the most common plastic used to make drinks and food containers. Another signatory, Exxon Mobil is building a new production line at its plastic plant in Mont Belvieu, Texas which will produce more than 2.5million tonnes a year of PET plastic each year. This will make it the biggest plastics plant in the world. Other firms include Procter… Read full this story
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