# Eastman to build $1B molecular recycling facility in France

Eastman plans to invest up to $1 billion in a material-to-material molecular recycling facility in France, using its polyester renewal technology to recycle up to 160,000 metric tonnes annually of hard-to-recycle plastic waste, expected to be operational by 2025.

- Type: New facility
- Announced: 2022-02-10
- Where: France, France
- Value: $1.00B
- Jobs: 350
- Starts operating: 2025
- Status: announced
- Capacity: 160,000 metric tonnes per year
- Products: advanced-recycling plastic resin
- 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

- [cosmeticsdesign.com](https://www.cosmeticsdesign.com/Article/2022/02/11/eastman-renew-expanding-into-france-w-support-of-5-beauty-companies/), 2022-02-10: "President Emmanuel Macron and Eastman CEO Mark Costa jointly announced Eastman’s plan to invest up to $1 billion in a material-to-material molecular recycling facility in France."

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