# EASTMAN CHEMICAL COMPANY: $375,000,000 Grid Innovation & Resilience award

**Funded Project Score:** 50/100

| Field | Value |
|---|---|
| Recipient | EASTMAN CHEMICAL COMPANY |
| State | TX |
| Program | Grid Innovation & Resilience (81.255) |
| Award | $375,000,000 |
| Period | 2024-09-16 to 2028-08-31 |
| Agency | Department of Energy / Department of Energy |
| Description | THIS PROJECT INTENDS TO DEMONSTRATE THE COMMERCIAL AND TECHNICAL VIABILITY OF CHEMICALLY RECYCLED POLYETHENE TEREPHTHALATE (CRPET) AT A FIRST-OF-A-KIND CHEMICAL RECYCLING FACILITY. THE CRPET MANUFACTURING PROCESS AIMS TO CREATE DEMAND FOR RECYCLABLE WASTE STREAMS AND, THROUGH PARTNERSHIPS, IMPROVE RECYCLING INFRASTRUCTURE, ULTIMATELY ENABLING HIGHER PLASTIC RECYCLING RATES ACROSS THE US. SUCCESSFUL PROJECT DEPLOYMENT WILL INCREASE MATERIAL CIRCULARITY, DEMONSTRATE THE VIABILITY FOR THERMAL BATTERIES TO PROVIDE LOW-CARBON HEAT, AND SPUR FUTURE INVESTMENT BY SETTING A NEW LOW-CARBON MARKET STAND |
| Award ID | DECD0000097 |

## Why this score
- Award of $50M or more.

Source: USAspending.gov federal assistance awards (Assistance Listings 81.254, 81.255, 81.256) (https://www.usaspending.gov/award/ASST_NON_DECD0000097_089). Last refreshed: 2026-11-04T21:38:28.078Z.
Award data comes from USAspending.gov as reported by federal agencies and can lag or be revised; an award is not a procurement opportunity by itself. Organizations only; awards redacted for individual privacy are excluded. Informational only.