17 Jan 2022 --- Eastman is investing up to US$1 billion in building what it says is the world’s largest molecular plastics recycling facility in France. The announcement was made jointly this morning by French President Emmanuel Macron and Eastman’s board chair and CEO Mark Costa. The new facility would use Eastman’s polyester renewal technology to recycle up to 160,000 metric tons of hard-to-recycle plastic waste annually – enough plastic waste to fill Stade de France national football stadium 2.5 times.
