In 2021, many top petrochemical players made emissions reduction goals and announced investments in advanced recycling projects. These public commitments have led to action, with announced activities and investments in asset-efficiency optimization; process setup change; carbon capture, utilization, and storage; electrification; and hydrogen.
![All in](/~/media/mckinsey/featured%20insights/charting%20the%20path%20to%20the%20next%20normal/2022/jun/gifs/cod-petrochemicals-ex4-rj-shrunk-timed.gif)
To read the article, see “Petrochemicals 2021: Regional fortunes and growing sustainability,” April 29, 2022.