Turnover: 10.5 billion (2021)
Country: United States
American multi-national chemical company
News
USA to invest at least 1 billion euros to recycle plastics in France 12/10/2023
- The Eastman Group is planning to build a chemical plastics recycling plant in Port-Jérôme, Seine-Maritime.
- The project aims to increase recycling capacity from 100,000 to 200,000 tonnes per year, in two phases of 100,000 tonnes each, starting in 2026.
- The company plans to recycle only PET from packaging and textiles.
- Every year, 7.2 million tonnes of polyester waste are recorded in Europe, of which only 2.4 million tonnes enter recyclable channels, and 21% of this polyester waste is recycled.
- The company has secured around 70% of the required flows through long-term contracts, and is negotiating a further 10%.
- The remaining 20% will be purchased on the market.
- Supplies will come from Germany, Spain, Italy and France.
Eastman secures waste supplies for its future molecular recycling plant | Molecular recycling plant in Normandy: Eastman secures supplies 24/05/2023
- Molecular recycling plant project at Port-Jérôme-sur-Seine (Seine-Maritime)
- an investment of around $1 billion
- 70% of raw material requirements already covered thanks to contracts with European and French suppliers, including Paprec and Interfere.
- 87,000 tonnes of plastic waste secured per year through these contracts.
- 350 direct jobs and 1,500 indirect jobs planned for the Port-Jérôme project.
Eastman chooses Normandy for its plastics recycling plant 30/03/2022
- New molecular plastics recycling plant in Port-Jérôme (Seine-Maritime)
- Eastman invests over 850 million euros
- Capacity to reach 160,000 tonnes per year of recycled polyester waste
- 350 direct jobs created
- commissioning in 2025 1500 indirect jobs created
Financial Data
DUNS: 444992663
Legal Name: EASTMAN FRANCE SARL
Address: 11 CRS VALMY 11-13-TOUR PACIFIC, 92000 NANTERRE
Number of employees: 0 salarié (2022)
Capital: 50 000 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 4 165 524 | 3 450 088 | 3 247 635 | 607 309 | 1 153 641 | 1 160 706 | 1 097 360 |
| Gross margin (€) | 4 188 319 | 3 452 961 | 3 249 199 | 607 317 | 1 153 646 | 1 160 712 | - |
| EBITDA (€) | 345 563 | -79 520 | 30 327 | 31 184 | 514 116 | 352 802 | - |
| Operating profit (€) | 344 997 | -79 520 | 28 420 | 31 184 | 514 116 | 352 802 | - |
| Net profit (€) | 243 652 | -77 518 | 10 539 | 57 396 | 300 270 | 244 130 | 340 666 |
| Turnover growth rate (%) | 20,7 | 6,2 | 434,8 | -47,4 | -0,6 | 5,8 | - |
| Ebitda margin rate (%) | 8,3 | -2,3 | 0,9 | 5,1 | 44,6 | 30,4 | - |
| Operating margin rate (%) | 8,3 | -2,3 | 0,9 | 5,1 | 44,6 | 30,4 | - |
| Working Capital (turnover days) | 95 | 87,5 | 103,3 | 1 729,5 | 653,8 | 373,7 | - |
| Working Capital requirements (turnover days) | -0,9 | -2,5 | -1,9 | -10,3 | -6,8 | -3,7 | - |
| Net margin (%) | 5,8 | -2,2 | 0,3 | 9,5 | 26 | 21 | - |
| Added value / Turnover (%) | 90,4 | 86,7 | 75,5 | 70,7 | 84,6 | 81,1 | - |
| Wages and social charges (€) | 3 339 382 | 3 007 782 | 2 388 336 | 426 470 | 415 634 | 576 056 | - |
| Salaries / Turnover (%) | 80,2 | 87,2 | 73,5 | 70,2 | 36 | 49,6 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Gérant | Alexander Johannes | WAGENMANS | 51 |
Studies mentioning this company
The plastic recycling market - France
Other companies mentioned:
- Paprec Groupe
- Véolia Groupe
- Suez Groupe
- Eastman
- Loop Industries
- Earthwake Entreprise
- Skytech
- &Repeat
- Galloo Recycling
- Plasticlean
- Recyclex
- Plastus
- Infineo
- CARBIOS
- Aloxe
- Green Dot Bioplastics
- Südpack
- Buitex (Semin groupe)
- Léko