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Eastman Is Building a Circular Economy for Automotive Plastic Waste

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Eastman, a specialty materials company, is pioneering a circular economy solution for automotive plastic waste. Up to 20% of end-of-life vehicle materials, known as automotive shredder residue (ASR), typically end up in landfills or are incinerated. Eastman is collaborating across the value chain to develop a closed-loop project that recycles this waste into sustainable feedstock for new materials.

Using molecular recycling technology, Eastman aims to replace fossil-based feedstock with recycled complex plastics, creating high-performance polymers for new automotive applications. This innovative approach could significantly reduce the environmental impact of the automotive industry while maintaining material quality.

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Positive

  • Eastman is developing a circular economy solution for automotive plastic waste
  • The company is using molecular recycling technology to create new materials from automotive shredder residue
  • Collaboration across the value chain to create a closed-loop recycling project
  • Potential to replace fossil-based feedstock with recycled materials in automotive applications

Negative

  • None.

Eastman

NORTHAMPTON, MA / ACCESSWIRE / August 6, 2024 / When automobiles reach the end of their life, up to 20% of their material is considered automotive shredder residue (ASR) - mixed plastics and other nonrecyclable materials that typically end up in landfills or burned for energy.

What if ASR could be used as sustainable feedstock for new materials that perform just as well as the original?

As an innovative specialty materials company, Eastman is collaborating with other companies across the value chain to discover what is possible for the automotive industry. Together, we're seeking to develop a closed-loop project to recycle automotive supply chain waste and uncover truly circular solutions.

By recycling these complex plastics using molecular recycling technology, Eastman can replace fossil-based feedstock and create polymers without compromising performance for use in new automotive applications.

Learn more about what it means for the automotive industry and how we can work together to create a better path forward at: https://www.eastman.com/en/sustainability/environmental/circularity

Stay updated on our latest circular economy innovations:

Eastman LinkedIn: / eastman

Eastman Instagram: / eastmanglobal

Eastman Facebook / eastman

Eastman Twitter: / eastmanchemco

View additional multimedia and more ESG storytelling from Eastman on 3blmedia.com.

Contact Info:
Spokesperson: Eastman
Website: https://www.3blmedia.com/profiles/eastman
Email: info@3blmedia.com

SOURCE: Eastman



View the original press release on accesswire.com

FAQ

What is Eastman's (EMN) plan for automotive plastic waste?

Eastman (EMN) is developing a circular economy solution for automotive plastic waste by using molecular recycling technology to convert automotive shredder residue (ASR) into sustainable feedstock for new high-performance materials used in automotive applications.

How much of a vehicle's material becomes automotive shredder residue (ASR)?

Up to 20% of a vehicle's material at the end of its life becomes automotive shredder residue (ASR), which typically ends up in landfills or is burned for energy.

What technology is Eastman (EMN) using to recycle automotive plastic waste?

Eastman (EMN) is using molecular recycling technology to recycle complex plastics from automotive shredder residue (ASR) into new polymers for automotive applications, without compromising performance.

How is Eastman (EMN) collaborating in the automotive industry for recycling?

Eastman (EMN) is collaborating with companies across the value chain to develop a closed-loop project for recycling automotive supply chain waste and creating circular solutions for the automotive industry.
Eastman Chem Co

NYSE:EMN

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7.02B
113.09M
0.78%
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2.59%
Specialty Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
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United States
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