Page 20 - Plastics News March 2019
P. 20

COMPANY NEWS




              Eastman  to pursue its circular recycling technology


                 eading specialty materials company Eastman, Kingsport,   driven growth strategy and commitment to create value
              LTennessee, has announced that it will pursue the launch   through sustainability.”
              of  circular  recycling  technology  that  uses  polyester
              scrap that cannot be recycled using mechanical methods
              currently available. Using the process of methanolysis,   Prime Minister inaugurates
              Eastman says its technology breaks down polyester-based   projects at  Barauni Refinery
              products into their polymer building blocks, which can be
              reintroduced to produce new polyester-based polymers.
              Eastman says it has more than three decades of expertise   M Narendra  Modi laid the foundation stone of Barauni
              in methanolysis, making the company “uniquely qualified   PRefinery Expansion (from 6 to 9 MMTPA) project,
              to be a leader in delivering this solution at commercial   ATF hydro-treating unit (INDjet), Augmentation of
                                                                     Paradip-Haldia-Durgapur LPG Pipeline and its extension
                                                                     up to Patna and
                                                                     Muzaffarpur and
                                                                     revival  of  Barauni
                                                                     Fertiliser plant.
                                                                     He stressed that
                                                                     setting up of the
                                                                     polypropylene unit
                                                                     will spur the era
                                                                     of petrochemicals
                                                                     industry in Bihar.
              scale.” The  technology  enables  the  recycling  of  low-  He  appreciated  the  progressive  vision  of  Ministry  of
              quality polyester, or polyethylene terephthalate (PET),   Petroleum and Natural Gas for coming up with these
              scrap that would typically be diverted to landfills into   projects. Strengthening the Make in India initiative, the
              high-quality polyesters suitable for use in a variety of end   INDjet Unit will use indigenous technology developed by
              markets, including food-contact applications, according   IndianOil and will cater to both civil and military aviation
              to  the  company.  “We  recognize  that  plastic  waste  is   fuel requirements of Eastern India and Nepal. He said
              a complex problem that needs advanced solutions. As    that the revived fertilizer ammonia urea unit will be
              we have engaged potential partners, it is clear there is   gas based which shall provide impetus to farmers in the
              high interest across the entire value chain,” says Mark   region. He dedicated to the nation projects on Phase I
              Costa, Eastman board chair and chief executive officer.   of Jagdishpur-Haldia & Bokaro Dhamra Pipeline Project
              “Our long history of technical expertise in chemical   (JHBDPL) - Bihar Package and City Gas Distribution (CGD)
              processes, including methanolysis, and our leading     in Patna as part of ‘Pradhan Mantri Urja Ganga’ Yojana.
              position in copolyester chemistry, enables us to provide   He said that the 2655 Km JHBDPL pipeline covering Uttar
              this innovative solution to address the growing challenges   Pradesh, Bihar, Jharkhand, Odisha and West Bengal will
              of plastic waste in our environment.”                  be crucial in reviving fertilizers units in Barauni, Sindri
                                                                     and Gorakhpur and also supply natural gas for houses
              Eastman says it is executing an engineering feasibility   and vehicles in Patna, Varanasi, Ranchi, Jamshedpur,
              study on the design and construction of a commercial scale   Bhubaneswar,  Cuttack,  Kolkata  and  other  cities  en
              methanolysis facility to meet its customers’ demands and   route the pipeline. The availability of environment
              has engaged in initial discussions with potential partners   friendly, convenient and economical natural gas will also
              across the value chain regarding the development of such a   help in reducing pollution levels. The CGD will supply
              facility. The company’s goal is to be operating a full-scale,   piped natural gas (PNG) to domestic customers and
              circular recycling facility within 24 to 36 months. The   commercial establishments while compressed natural
              company says its efforts to find new end-of-life solutions   gas  (CNG)  will be  supplied  for  the  transport  sector
              to advance the circular economy align with its “innovation-  through CNG stations.




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