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Single award · grant

Grant DECD0000097

A single federal award, with both ends of the trail linked.
$375M
total award value
2024
action date
47 mo
period
DECD0000097
FAIN

Description

This Project Intends to Demonstrate the Commercial and Technical Viability of Chemically Recycled Polyethene Terephthalate (Crpet) at a First-Of-A-Kind Chemical Recycling Facility. The Crpet Manufacturing Process Aims to Create Demand for Recyclable Waste Streams and, Through Partnerships, Improve Recycling Infrastructure, Ultimately Enabling Higher Plastic Recycling Rates Across the Us. Successful Project Deployment Will Increase Material Circularity, Demonstrate the Viability for Thermal Batteries to Provide Low-Carbon Heat, and Spur Future Investment by Setting a New Low-Carbon Market Standard for a Widely Used Chemical Product. This Project Will Provide Societal Benefit by Diverting Plastic Waste from Entering Landfills, Support Two-Way Engagement with the Community Via a Community Advisory Panel, and Deliver Tangible Benefits to the Surrounding Community Including Creating Permanent Jobs.

Place of performanceTexas
Category
Competed?Not recorded✓ from source
Total (exact)$375,000,000

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