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Plastics, Profits and Power: How petrochemical companies are derailing the Global Plastics Treaty

 A report released today by Greenpeace UK reveals how the Global Plastics
Treaty is under threat from some of the world’s largest petrochemical
companies who have been systematically lobbying against cuts to plastic
production while generating massive profits from their growing plastics
business.

The report reveals that since the treaty talks began in November
2022, seven companies alone have produced enough plastic to fill 6.3
million rubbish trucks – equivalent to five and a half trucks every
minute.

The report – ‘Plastics, Profits and Power: How petrochemical
companies are derailing the Global Plastics Treaty’, draws on data
obtained from industry sources. It finds that that since the start of the
treaty process, Dow, ExxonMobil, BASF, Chevron Phillips, Shell, SABIC and
INEOS, have ramped up their plastic production capacity by 1.4 million
tonnes and sent a combined total of 70 lobbyists to negotiations, where
they have also been represented by powerful industry front groups.

 Greenpeace 29th July 2025,
https://www.greenpeace.org.uk/resources/plastics-profits-power-report/

August 1, 2025 - Posted by Christina Macpherson | environment, media