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Plastic Beats the Alternatives for the Environment, Exxon Says

  • Exxon SVP Williams cites American Chemistry Council study
  • Oceanic plastic waste expected to double by 2030, IEA said
    
Photographer: Jasper Juinen/Bloomberg

Plastic is good for the environment because competing products including paper packaging and fiber-based textiles are worse, according to Exxon Mobil Corp.

“From a sustainability viewpoint, plastic packaging beats alternatives,” Jack Williams, a senior vice president at Exxon, said at an investor presentation in New York Thursday.