Not a member? To register
Eastman Chemical Co. (Kingsport, Tenn. ) announced that its second U. S. Molecular Recycling Project will be completed by Eastman Chemical Co. The U. S. Department of Energy (DOE) has been decided to begin negotiations for an award of up to $375 million under the Bipartisan Infrastructure Act and the Inflation Reduction Act. under the Bipartisan Infrastructure Act and the Inflation Reduction Act, the Industrial Demonstration Program (IDP). The DOE’s announcement prompted Eastman to announce plans to build a second molecular recycling facility in the U. S. U. S. Centers for Disease Control and Prevention at its facility in Longview, Texas.
The company chose the Longview site because of synergies with existing infrastructure and operations, a favorable power source and footprint, and raw curtain pools in the western and central United States. The location also provides enough space for renewable energy on site. The investment includes operations that will prepare combined plastic waste for processing, Eastman’s next-generation molecular recycling unit to depolymerize waste, and a polymer plant to create virgin quality fabrics for packaging and textiles. The Longview molecular recycling facility will have the ability to recycle. Approximately 110,000 metric tons of hard-to-recycle plastic waste.
“We are excited to build our second molecular recycling facility in the U. S. “We are the first in the U. S. to the U. S. in the U. S. in Texas,” said Mark Costa, President and Chief Executive Officer. “The plant will remove significant waste from the region, enable true circularity and set a new benchmark for decarbonization. We have been operating effectively in Longview for decades and this will be a significant investment for the local community.
The company has been chosen through the DOE to drive the demonstration of low-carbon recycled PET with this task. The signing of a collaboration agreement with DOE expands the task to include the on-site deployment of thermal and solar batteries. This, combined with Eastman’s next-generation methanolysis technology, enables a radical improvement in the decarbonization of PET production, resulting in recycled PET with more than 70% relief in carbon emissions compared to virgin fossil production, and approximately 90% relief in carbon emissions. adding that they have avoided emissions.
Eastman’s planned allocation at Longview aligns with DOE’s goal to catalyze industry-wide renewal toward a low-carbon future. In addition, as part of the DOE award, the company plans to renovate a network center that will serve as a hub for the network. workforce extension, training, and development, as well as other ongoing desires of your network components.
“We are honored to have been chosen through the DOE to help fund this vital project,” Costa continued. “This commitment is helping us invest more in the local network through a comprehensive network benefits plan. That of those partners is a testament to our generation and the difference we can make for future generations. “
Eastman also secured significant state and local tax incentives for the project, totaling approximately $70 million.
The polyester renewal generation showcased by Eastman recycles hard-to-recycle plastic waste that is now destined for landfills or incineration. The company’s generation allows this waste to be broken down into molecular building blocks and then reassembled into a virgin grade without compromising performance. Eastman allows for potentially infinite use by keeping those valuable molecules in production, in a high-throughput loop. Eastman can turn plastic waste into virgin-grade polyesters for food contact, with lower greenhouse fuel emissions than classic methods.
In addition to this recently announced facility in Texas, Eastman recently completed its first molecular recycling facility in Kingsport, Tennessee, and plans to invest in some others in France.
Chemical engineering and content published weekly.