Already a leader in building a circular economy, Eastman took another step forward when it announced a second molecular recycling facility will be built in Longview, Texas. The project will now put Eastman out in front in the search for alternative, clean energy sources.
Powered by the selection to negotiate an award of up to $375 million from a U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED)* program targeting climate change, Eastman will use a relatively new energy technology — thermal batteries — on a scale never seen before. Eastman’s choice of thermal battery technology for zero-carbon process heat, combined with efficient and high-yield molecular recycling technology, will address two global challenges at once.
“This can be a game changer for addressing both the plastic waste crisis and the climate crisis at the same time,” said Sandeep Bangaru, vice president of Eastman’s circular platform. “We’re taking a leadership role in building the largest thermal battery project to date in our industry.”
Read full story here.
Everything you need to know about the state of play in molecular recycling
Join us as Katherine Hofmann, Sustainability Strategic Initiatives Manager at Eastman, explores the potential for this new recycling category to help fuel a circular economy for plastics - Wed, Oct. 16, at SB'24 San Diego.
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Eastman
Published Jun 14, 2024 3pm EDT / 12pm PDT / 8pm BST / 9pm CEST