Plastic to Oil: Saudi Arabia and Global Perspectives

  • Focus Area Climate Change Policies and Governance Climate Change Policies and Governance
  • Type Discussion paper
  • Date 22 June 2023
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Abstract

Today, it is impossible to imagine life without plastics due to their flexible characteristics. However, the attractive characteristics of plastic in several industries are generating another global problem: waste plastic disposal. According to the “OECD Global Plastic Outlook” published in 2022, global plastic waste production increased by more than 2.25 times between 2000 and 2019 to 353.3 million tons (MMT). However, only 9% of that plastic waste is recycled.

Authors

Julio Arboleda

Julio Arboleda

Senior Fellow- Oil & Gas Julio is an economist and civil engineer with over 20 years of experience in the energy field. His experience includes…

Julio is an economist and civil engineer with over 20 years of experience in the energy field. His experience includes energy policy and data analysis for international organizations, governmental advisory services, and the construction of energy projects. Julio also has a passion for sustainable energy and project management, both supported by his postgraduate studies. Before joining KAPSARC, Julio worked as a senior energy consultant within different organizations. For over seven years, during his position as energy policy analyst at OPEC, he was one of the major contributors to the OPEC World Oil Outlook (WOO). His experience in both the governmental and private sectors, in the field and office, allows him to understand the dynamics of the energy sector.

Expertise

  • Energy Market Analysis and Outlook
  • Oil Market Forecast
  • Energy Policies Impact
  • Technology Developments and Alternative Energy Technologies

Publications See all Julio Arboleda’s publications

Evar Umeozor

Evar Umeozor

Fellow- Oil & Gas

Expertise

Publications See all Evar Umeozor’s publications

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