This morning, French President Emmanuel Macron and Eastman (NYSE:EMN) Board Chair and CEO Mark Costa will jointly announce Eastman’s plan to invest up to $1 billion in a material-to-material molecular recycling facility in France. This facility would use Eastman’s polyester renewal technology to recycle up to 160,000 metric tonnes annually of hard-to-recycle plastic waste that is currently being incinerated.
The investment would recycle enough plastic waste annually to fill Stade de France national football stadium 2.5 times, while also creating virgin-quality material with a significantly lower carbon footprint. Eastman is the largest investor at this year’s “Choose France” event, which is focused on attracting foreign investment to France.
This multi-phase project includes units that would prepare mixed plastic waste for processing, a methanolysis unit to depolymerize the waste, and polymer lines to create a variety of first-quality materials for specialty, packaging, and textile applications. Eastman also plans to establish an innovation center for molecular recycling that would enable France to sustain a leadership role in the circular economy.
Wyoming cattle rancher, Kacy Atkinson, shares her story of beef sustainability, including water conservation, animal care, and grazing management.
With every small businesses page we publish, we always focus on including as many sustainable and eco-friendly businesses as possible. To make it easier for anyone looking to shop more sustainably and/or looking to replace their every day items with eco-friendly alternatives, we compiled all the businesses we love on this page. Do it for the planet!
The reliable and cost-effective supply and optimization of energy are critical to plant performance and return on investment in energy-intensive processes. With increased awareness in sustainability, most oil & gas…
oin our virtual sustainability event – Earthrise Summit 2021 – on 19th May. 8 hours. 60 speakers. 4 stages. Buy your ticket now on the Huckletree website.