The $375 million grant represented about one-third of the required funding for the company’s second U.S. chemical recycling plant. The operational Kingsport, Tennessee facility is pictured. | Photo Courtesy of Eastman
Tennessee-based Eastman has lost its $375 million federal grant, which previously had spurred the company to make a final investment decision on its second U.S. methanolysis plant, located in Texas.
Industry groups are working to define their position on the complex technologies included in the broad and ill-defined sector of chemical recycling. | Extarz/Shutterstock
In recent weeks, two U.S. recycling organizations have released policy positions on chemical recycling. But questions remain for the often controversial recycling methods included in the umbrella term of chemical recycling, also known as molecular or advanced recycling. Continue Reading
Despite sweeping legislative mandates that would seem to result in stronger demand for recycled content, Europe has seen its own share of hurdles to PCR adoptions. | Ugis Riba/Shutterstock
While delays and court setbacks have provided a temporary and tenuous reprieve from President Donald Trump’s market-disrupting tariffs, the European recycling sector continues to struggle with a rash of bankruptcies, most filed months before the trade war even began.
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A judge favored Brightmark’s parent company over a slightly higher bid, preferring Brightmark’s plan to keep the facility operating over the competing bid’s liquidation plan. | Photo courtesy of Brightmark
Brightmark’s bankrupt Indiana pyrolysis facility has been sold to parent company Brightmark for $14.3 million in a move that will keep the facility operating and retain most or all of its more than 100 employees, a judge ruled this month. The latest development came after a competitive auction process with plenty of twists and turns.
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In March, California Gov. Gavin Newsom rejected SB 54 draft regulations, forcing the rulemaking process to restart. | Brandon Bourdages/Shutterstock
The first public opportunity to comment on California’s latest extended producer responsibility for packaging draft regulations stretched past the allotted time frame, with some speakers saying changes to a chemical recycling regulation section were unlawful. Continue Reading
When Canadian polyethylene producer Nova decided to focus on mechanical recycling, less than two years after announcing it was looking at developing a major chemical recycling plant, it joined a growing list of sidelined projects. | Photo Courtesy of Nova Chemicals
The past few years have seen no shortage of ambitious announcements relating to chemical recycling, from small startups to major oil and chemical companies, as recycled content requirements increase and polymer producers struggle to harness future market direction. Continue Reading
Brightmark, formerly known as RES Polyflow, is looking to sell its Indiana pyrolysis plant after financial challenges. | Frank Fiedler/Shutterstock
Chemical recycling firm Brightmark failed to make a payment on debt at its Indiana pyrolysis facility this month, spurring bankruptcy proceedings for the subsidiaries that operate the plant. Continue Reading
Three companies announced funding and other progress toward building chemical recycling capacity. | Menzl Guenter/Shutterstock
Several companies recently announced progress toward chemical recycling capacity, including a developing method to recycle PET that could require much less energy. Continue Reading
CEO Mark Costa said the company’s second chemical recycling plant has already received its first funds from the Department of Energy, amid uncertainty for federal funding for Inflation Reduction Act projects. | Petrmalinak/Shutterstock
Amid uncertainty surrounding projects funded through the Inflation Reduction Act, the CEO of Tennessee-headquartered Eastman expressed confidence in the future of its second U.S. chemical recycling plant, which was greenlit upon a $375 million award from the Department of Energy. Continue Reading
Shein’s interest in chemical recycling comes as the company works toward a goal to increase annual recycled polyester use from 7.9% to 31% in its apparel by 2030. | Graffitimi/Shutterstock
Editor’s note: Learn more about textile recycling and many other topics at the upcoming Textile Recovery Summit, part of the 2025 Plastics Recycling Conference on March 24-26 in National Harbor, Maryland.
Global clothing e-commerce retailer Shein has developed a chemical recycling process alongside a Chinese research university and is planning to start up a facility in June, producing 6.6 million pounds per year of chemically recycled polyester for use in its apparel. Continue Reading