Brightmark, Georgia County Cancel $680 Million Plastic-To-Fuel Project

Originally planning to build "the world's largest" plastic-to-fuel facility, Brightmark Energy and the Macon-Bibb County Industrial Authority in Georgia scrapped the plans after a similar facility failed to meet the conditions of its contract.

Valerie Volcovici, Reuters

Brightmark Energy and a county in Georgia scrapped plans to build "the world's largest" facility to turn plastic waste into fuel, according to a termination agreement published on Monday, a blow to a technology the petrochemical industry has promoted heavily.

Brightmark missed a deadline to deliver "end product" to customers from a similar facility in Indiana, a condition of its contract with the Macon-Bibb County Industrial Authority, which had planned to build a $680 million chemical recycling facility.

Already have an account? Log In

Sign up for FREE access to view this article now!

Unlock Free Access