ExxonMobil(US:XOM) DT新材料·2025-09-18 16:14Core Viewpoint - ExxonMobil has suspended its €100 million (approximately 840 million yuan) chemical recycling investment in Europe due to overly strict regulations and bureaucratic hurdles imposed by the EU [2][4]. Group 1: Investment Suspension - The suspension affects two chemical recycling projects in Rotterdam and Antwerp, which currently process 80,000 tons of plastic waste annually [3]. - ExxonMobil's senior vice president, Jack Williams, stated that EU regulations favor independent technologies and facilities over existing petrochemical plants for plastic recycling [4]. Group 2: Regulatory Challenges - The company expressed a willingness to continue investing in these projects, noting that import tariffs are not a significant issue, but the current EU policies are misaligned with the evolving global landscape [5]. - The EU has set ambitious recycling targets, such as achieving 30% recycled content in plastic bottles by 2030, yet simultaneously imposes restrictive regulations on companies [5]. Group 3: Industry Support - Other companies, including Nestlé Finland, and various industry groups have publicly supported ExxonMobil's stance, criticizing the EU's complex and costly regulatory mechanisms [6]. - EU officials have acknowledged the need for a clear, science-based framework to properly address the chemical recycling industry [6].