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Plastic Recycling February 16, 2024 05:30:15 PM

Eastman Secures PET Waste Stream to Feed $1 Billion Molecular Recycling Facility

Paul Ploumis
ScrapMonster Author
Eastman’s planned molecular recycling facility is initially scheduled to recycle up to 160,000 metric tons of hard-to-recycle plastic waste annually.

Eastman Secures PET Waste Stream to Feed $1 Billion Molecular Recycling Facility

SEATTLE (Scrap Monster):  Specialty materials company Eastman has secured a 30,000-ton-per-year stream of post-consumer PET waste to feed its pioneering $1 billion molecular recycling facility in France.

That material will come from three European mechanical recycling facilities belonging to the Dentis Group, an Italian firm that specializes in recovering PET packaging waste.

"We are very happy to enter into this agreement with Dentis/Nord Pal Plast, which exemplifies Eastman's commitment to collaboration and our dedication to working alongside mechanical recyclers to tackle the plastic waste crisis," said Brad Lich, Eastman's executive vice president and chief commercial officer. "This partnership is a testament to our shared goal of reducing plastic waste and advancing the circular economy. With over 70% of the feedstock secured for our upcoming recycling plant in Normandy, including materials typically rejected by mechanical recyclers, this agreement represents a significant element of our feedstock availability and reinforces our commitment to sustainable solutions."

 Eastman’s planned molecular recycling facility is initially scheduled to recycle up to 160,000 metric tons of hard-to-recycle plastic waste annually. After two phases of expansion, capacity will expand to 200,000 tons of virgin-quality material a year — making it the world’s largest material-to-material molecular recycling plant. 

"We are very pleased to enter into this agreement with Eastman since our group is strongly committed to promoting a continuous transition from a linear to a circular economy in the packaging market," said Corrado Dentis, Dentis/Nord Pal Plast CEO. "This partnership contributes to create a standing valuable platform toward PET waste reduction, making mechanical and chemical recycling effectively complementary toward the achievements in European plastic recycling rates."

Once operational in 2025, the plant will feature:

An innovation center to advance alternative recycling methods and applications for curbing plastic waste incineration.

Units for preparing mixed plastic waste for processing.

A methanolysis unit to depolymerize waste.

Polymer lines to create high-quality materials for packaging, textiles, and specialty applications.

Using its polyester renewal technology, Eastman says it will produce materials with up to 80% fewer greenhouse gas emissions.

 Courtesy: www.plasticstoday.com

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