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    Home > Chemicals Industry > China Chemical > Eastman Chemical and SKC join forces to enter the global recyclable plastics market

    Eastman Chemical and SKC join forces to enter the global recyclable plastics market

    • Last Update: 2021-08-07
    • Source: Internet
    • Author: User
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    [ Star Enterprise of Chemical Machinery Equipment Network ] SKC's chemical materials company, SKC, recently announced that it has entered into a cooperation agreement with Eastman Chemical of the United States to expand its environmentally friendly plastic packaging materials business in North America and Europe
    .
    According to the agreement, SKC will provide Eastman with technical support for eco-labeling for a period of 20 years
    .

     
    Chemical machinery and equipment network star enterprise chemical machinery and equipment
    Eastman invested $250 million in new recycling facilities earlier this year
    Eastman invested $250 million in new recycling facilities earlier this year
    Eastman (Eastman) announced an investment of 250 million US dollars to build a "plastic-to-plastic" molecular recycling facility at the Kingsport plant in Tennessee, USA
    .
    The facility will use methanol decomposition technology to optimize the construction of a circular economy
    .

     

    According to reports, the new facility can process more than 100,000 metric tons of waste plastic each year
    .
    These waste plastics cannot currently be processed by physical recycling methods.
    For example, polyester waste is usually directly landfilled or discarded in the sewer
    .
    After methanol decomposition treatment, it can be processed into high-quality recycled special plastics
    .

     

    Eastman said that this process using plastic waste as the main raw material is a true "material-to-material" solution, which can not only reduce the company's use of petrochemical raw materials, but also reduce the company's carbon emissions by 20%-30 %
    .

     

    The new facility will be completed by the end of 2022, contributing to Eastman's sustainable development commitment to the waste plastic crisis
    .
    Earlier, Eastman promised that by 2025, more than 250 million pounds of waste plastic will be recycled each year, and by 2030, more than 500 million pounds of waste plastic will be recycled each year
    .

     

    "The new recycling facility is an important step in Eastman's circular economy strategy.
    In the future, we will actively deploy circular economy initiatives and increase cooperation and investment with Europe
    .
    " Eastman CEO Mark Costa said
    .

     

    Original title: Eastman Chemical and SKC join forces to enter the global recyclable plastic market

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