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Sustainability
Plastics-to-fuel plant gets financing
by Alexander H. Tullo
April 12, 2019
| A version of this story appeared in
Volume 97, Issue 15
The energy development company Brightmark Energy has secured $260 million in funding to construct a plastics-to-fuel plant in Ashley, Indiana. The plant will have the capacity to convert about 100,000 metric tons of postconsumer plastic each year into 70 million L of fuel and nearly 20 million L of wax. The financing includes $185 million in Indiana green bonds. With the cash, Brightmark will also purchase a majority stake in RES Polyflow, which has been developing the project. The companies expect to break ground next month.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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