Subscribe now for unlimited access or become a Bronze Member for free For queries see our FAQ or contact us Reaction against the environmentally damaging effect of plastic packaging is fuelling the development of plants in Europe and elsewhere that can recycle it as liquid feedstock or fuel in a trend that is likely to reduce refineries’ demand for oil. Many say the chemicals industry will have to undertake a fundamental shift towards recycling if it wants to prevent consumers rejecting plastics—and especially single-use packaging—in a widespread swing against harmful materials. Coincidentally, public consciousness of the dangers that packaging represents for marine life rose following the release of David Attenborough’s Blue Planet II documentary. But further pressure is mounting from major brands that use packaging and are evaluating shifts to alternatives other than plastic. One of the consequences may be a reduction in demand for oil-based petrochemical feedstock. In recent years it has been a mantra within the oil and chemicals industry and energy watchdogs such as the International Energy Agency (IEA) that demand for oil will be sustained by the growing need fo...