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Eastman Negotiates to Build Molecular Recycling Plant in France

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Circular economy ESG Innovation Jobs Technologies PARIS, France Eastman has entered an exclusive negotiation with Port-Jérôme-sur-Seine as the preferred location of the molecular recycling facility it plans to build in France. This is an important step toward a significant milestone in the company's plan to invest up to $1 billion and build the world's largest material-to-material molecular recycling plant in France — a facility that will recycle approximately 160,000 tonnes of hard-to-recycle polyester waste annually. In the time since Eastman Board Chair and CEO Mark Costa and French President Emmanuel Macron jointly announced the company's planned investment in January, Eastman conducted a selection process of three potential locations and...

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