Grant DECD0000097
FY2024 · complete year · data as of 2026-07-03
A single federal award, with both ends of the trail linked.
Award DECD0000097 is a grant from the Department of Energy to Eastman Chemical Company, $375M obligated, FY2024 to FY2028. The work is performed in Texas. Source
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.