16 May 2023 --- Eastman has acquired feedstock for its recycling facility in Port Jerome sur Seine, France. With an investment of US$1 billion, the planned molecular recycling facility is said to become “the world’s largest” material-to-material molecular recycling plant. “Because plastic is an incredibly versatile and energy-efficient material, it is often the best material for many packaging solutions because of its durability and lightweight. The world produces 300 million metric tons of plastic each year, yet we recycle only 12%,” Chris Layton, plastics division director of Sustainability at Eastman, tells PackagingInsights. “That’s nowhere near good enough, and we should not accept the current state. Science shows that we are in the throes of a climate crisis, and our industry must adapt to be part of the solution,” he adds.
