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Eastman and Procter & Gamble announced that they are working together to develop solutions aimed at promoting a circular economy
.
According to a statement issued by Eastman, P&G will use Eastman’s Renew line of materials through molecular recycling in many of its products and packaging
.
The companies will also collaborate on advocacy campaigns aimed at reducing reliance on virgin plastic and addressing the infrastructure needed to increase plastic recycling rates
.
“Removing plastic waste from our environment is a complex global challenge that requires a comprehensive, collaborative approach across the plastic life cycle
.
P&G is taking action to address the collection, processing, regeneration and reuse of materials
.
This That's why we chose Eastman's molecular recycling technologies, which can convert previous waste into useful products
," explained Lee Ellen Drechsler, senior vice president of R&D at P&G
.
Eastman recycled materials are sourced from discarded plastics that end up in landfills without the option of molecular recycling
.
The technology developed by Eastman complements traditional mechanical recycling, expanding the types and quantities of plastics that can be recycled
.
The two companies will work to expand the collection of hard-to-recycle plastics, further diverting waste away from landfills
.
These expanded recycling streams will be used to create new materials through Eastman's molecular recycling technology
.
Scott Ballard, president of Eastman Plastics, said: "By working together, we can create value from waste and show the world what's possible through innovation
.
The value created will help drive significant changes in our recycling infrastructure, which is necessary to address the plastic waste crisis
.
"
Eastman's Renew material is now available worldwide on a large scale
.
The company is building one of the world's largest plastic-to-plastic recycling facilities in Kingsport, Tennessee, with completion expected in 2022
.
The molecular recycling facility will consume more than 200 million pounds of waste plastic that goes to landfill each year to make Eastman Renew materials
.