Eastman Chemical (NYSE: EMN) has received a reinstated US$375 million grant from the U.S. Department of Energy to expand its circular recycling operations. The funding will support wider deployment of Eastman's methanolysis technology and upgrades to underused recycling assets in the United States. The project targets domestic recycled plastics infrastructure, in line with federal priorities on advanced recycling and a more circular plastics supply chain. Eastman is a specialty materials producer that supplies polymers and chemicals to customers in packaging, textiles and consumer goods.
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