# Eastman invests $250M in molecular recycling facility

Eastman Chemical Company announced a $250 million investment to build a new molecular recycling facility that will recycle polyester, using its Advanced Circular Recycling technologies.

- Type: Investment
- Announced: 2021-01-31
- Where: United States
- Value: $250.0M
- Status: announced
- Products: recycled polyester, molecular recycling technology
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Eastman Chemical](https://endata.com/companies/7789.md)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/features/2021/02/the-recycled-plastics-challenge-eastmans-focus-on-revolutionizing-recycling/), 2021-02-25: "The company announced a $250 million investment to build a new molecular recycling facility that will recycle polyester."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.