Eastman (EMN) Chosen by DOE for Up to $375M Investment

Eastman Chemical Company (EMN) recently stated substantial progress toward leadership in the circular economy. The Department of Energy ("DOE") has selected it as one of 33 businesses to participate in award talks to support Eastman's second molecular recycling facility in the United States. The DOE has selected Eastman's second molecular recycling project in the United States to begin award discussions for up to $375 million in Bipartisan Infrastructure Law and Inflation Reduction Act financing through the ...