New closed-loop technology will provide cost-effective solution to create new sustainable materials from automotive plastic waste
Eastman (NYSE: EMN) today announced a collaboration with the United States Automotive Materials Partnership LLC (USAMP) and automotive recycler PADNOS for a concept feasibility study to demonstrate a closed-loop project to recycle automotive-industry mixed plastic waste in the automotive supply chain. USAMP is a subsidiary of the United States Council for Automotive Research LLC (USCAR).
When automobiles are at the end of their life, metals, tires, and glass account for 80%–90% of the materials that can be recycled through traditional mechanical recycling streams. The other 10%–20%, referred to as automotive shedder residue (ASR), consists of mixed plastic and other non-recycled materials that currently end up in landfills or are recovered through waste-to-energy technologies. Under this initiative PADNOS will use ASR as a sustainable feedstock for Eastman's molecular recycling process, creating a truly circular solution.
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