Eastman to invest up to $1 billion to accelerate circular economy through building world’s largest molecular plastics recycling facility in France.
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.
If you are keen to learn more, please read Press Release.
