We envision a future where one of the world’s most useful, versatile and necessary materials—plastic—is not wasted. Through innovation, Eastman is revolutionizing the future of circular materials. Our innovations touch lives everywhere – from the materials used make food containers, cellphone cases, and reusable sports bottles, to cosmetics containers, or medical equipment. We are committed to driving that innovation toward a more sustainable future.
The global waste crisis and climate change are two of the greatest challenges of our time, and the world desperately needs a materials revolution that will help address both. These challenges impact all of us—consumers, brands, NGOs, investors, and other stakeholders. Collectively, we know change is needed, and companies are setting aggressive goals to include recycled content in products. So how do we meet these significant goals?
Making the future of recycling a reality today
Last year, we commercialized two technologies that transform plastic waste into valuable raw material for high quality polymers with lower greenhouse gas emissions than the fossil process. Products like Tritan™ Renew and Cristal™ Renew are available today.
In 2020, we also launched Naia™ Renew, cellulosic fibers produced from 60% sustainably sourced wood pulp, using our carbon renewal technology, one of the two types of molecular recycling technologies.
Now, we are investing $250 million dollars to expand capacity and enable more brands and consumers to choose a better future. This state-of-the-art facility will use more than 110,000 metric tons of waste plastic as raw material. As a result, the same amount of fossil feedstock will remain in the ground.