Eastman Announces $250 Million Molecular Recycling Facility

June 16th, 2021 by Editor

Eastman Chemical Company (NYSE:EMN) Board Chair and CEO Mark Costa and Tennessee Governor Bill Lee announced the company’s plans to build what it calls one of the world’s largest plastic-to-plastic molecular recycling facilities at its site in Kingsport, Tenn.

Through methanolysis, the facility will convert polyester textile waste that often ends up in landfills and waterways into durable products, creating an optimized circular economy.
Costa confirmed in a call that the recycled end product will be used in its branded products.

Over the next two years, the company says it will invest approximately $250 million in the facility, which will support Eastman’s commitment to addressing the global waste crisis and to mitigating challenges created by climate change, while also creating value for its stakeholders.

Utilizing the company’s polyester renewal technology, the new facility will use over 100,000 metric tons of plastic waste that cannot be recycled by current mechanical methods to produce premium, high-quality specialty plastics made with recycled content.

This facility, which is expected to be mechanically complete by year-end 2022, will contribute to the company achieving its ambitious sustainability commitments for addressing the plastic waste crisis, which includes recycling more than 500 million pounds of plastic waste annually by 2030 via molecular recycling technologies. The company has committed to recycling more than 250 million pounds of plastic waste annually by 2025.

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  1. I’ve been in the window tinting business over 30 years and do not understand why the manufacture does not take back the end pieces and or Coors and or plastic and or cardboard why is there not something in place for us installers to have a source because I tell you at the end of a strip and redo the amount of debris don’t get me started on the blades I’m a frustrated Installer in 2021 and would love to eventually retire and become part of a team And help figure out what to do with all this plastic . I am living in Florida and being into paddleboard boating fishing diving . I would love to help out could we use the old stuff to replace the cardboard box weather proof water friendly , please

  2. I am encouraged to read a step in the right direction regards directing waste down a recycling road and not into landfill. Being in the Australia based window film industry since 1977 I shudder how much backing sheet material has been dumped, I asked a few solar film manufacturers over the years as to whether the backing sheets are/can be recycled or why not, but have never had a firm response. (Boxes, bungs, cores I am able to recycle)

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