Brightmark, Georgia county cancel $680 mln plastic-to-fuel project

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Brightmark, Georgia county cancel $680 mln plastic-to-fuel project
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Brightmark Energy and a county in the U.S. state of 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.

Reusable plastic bags and unrecyclable film packaging from southern California stores and retailers are seen in Laguna Niguel, California, U.S., December 1, 2021. Jan Dell/Handout via REUTERSWASHINGTON, April 11 - Brightmark Energy and a county in the U.S.

The project Brightmark described as the world's largest advanced recycling project was no longer "in the interest of either Company or Authority," according to the termination agreement signed by both parties this month and posted online by the Macon Newsroom newspaper on Monday.

Many advanced recycling projects have emerged in recent years in response to a global explosion of plastic waste. More than 90% gets dumped or incinerated because there is no cheap way to repurpose it, according to a landmark 2017 study in the journal Science Advances.

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