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Going circular seems to be all the rage, and that is certainly a good thing for both mankind’s and the planet’s future. But for a manufacturer, making the shift to circular processes or materials is not without its risks.
Perhaps few companies know that better than Eastman, the specialty chemical company, ranked No. 32 globally for sales in that sector. Back in the 1990s, Eastman made a major investment to develop a commercial line of PET materials that used 50 percent chemically recycled content. That effort was ahead of its time, and the line was discontinued because the demand never materialized.
Now, sensing the shifting winds, Eastman is back with not one, but two new circular production processes.