# Eastman to invest up to $1B in molecular recycling facility in France

Eastman Chemical Co. announced plans to invest up to $1 billion to build a molecular plastics recycling facility in France, using its polyester renewal technology to recycle up to 160,000 metric tons of plastic waste annually.

- Type: Investment
- Announced: 2022-03-31
- Where: France, France
- Value: $1.00B
- Status: announced
- Capacity: 160,000 metric tons per year
- Products: recycled plastics, polyester renewal materials
- 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/2022/03/u-s-textile-investment-roundup-2/), 2022-03-31: "Eastman announced it will invest up to $1 billion to build a molecular plastics 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.