The company has said using renewable energy will reduce the carbon footprint of the plastic by up to 30%

It’s expected to process more than 20,000 tonnes of plastic waste in its first year alone

This follows its pledge of investing $20bn in EVs by 2030

It has opened its new HQ with recycled Lego and committed to opening a carbon-neutral factory in the US

New research has found the circular process to be feasible and a big step forward for industry

The factory will use Biofabrik’s ‘WASTX Plastic’ process that converts plastic waste into synthetic crude oil