Eastman invests in recycling of polyester waste

Eastman announced that it will launch a recycling technology using polyester waste.

Due to current mechanical methods that cannot be recycled, polyester waste typically ends up in landfills and waterways. Eastman uses methanol decomposition for its recycling technology to decompose polyester based products into polymer components. These blocks are then reintroduced into the production of new polyester based polymers; Recycled polyester is suitable for various end markets, such as food contact applications.

Eastman is currently conducting an engineering feasibility study on the design and construction of a commercial scale methanol decomposition facility. The company's goal is to operate a comprehensive, advanced recycling facility within 24 to 36 months.

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"We recognize that plastic waste is a complex issue that requires advanced solutions. As we have hired potential partners, it is clear that the entire value chain has received high attention," said Mark Costa, chairman and CEO of Eastman's board of directors. "Our long history of technical expertise in chemical processes, including methanol decomposition, and our leading position in copolyester chemistry enable us to provide this innovative solution to address the growing challenges of plastic waste in our environment."

"We believe that we have an obligation to improve the quality of life in a material way," added David Golden, Senior Vice President, Chief Legal and Sustainable Development Officer, and Company Secretary. "As the demand for products with a sustainable life cycle continues to grow, Eastman will continue to consolidate its tradition of world-class technology platforms and product innovation to provide molecular level solutions. Today, the world needs innovation more than ever before, and Eastman is excited about the possibilities we can achieve through value chains, cross industry and community partners that expand our efforts and have the greatest collective impact "Endeavour."