Freepoint Eco-Systems is developing a facility in Ohio that will convert waste plastic into feedstock for use in the production of prime-quality plastic resins. The Ohio facility will recycle approximately 90,000 tons per year of end-of-life plastic that would otherwise be destined for landfills or incineration. Commercial operations are expected to commence in 2023.
The ISCC is the leading certification organization for companies committed to providing sustainable solutions for fully traceable supply chains and the circular economy. Obtaining ISCC certification represents a substantial commitment to environmental protection and sustainability. The ISCC is an international organization and addresses sustainability requirements for a variety of feedstocks and markets. Obtaining this certification is a five-step process which is accomplished through engagement with an impartial third-party auditor.
"Freepoint is committed to being part of the solution to the growing environmental problem of plastic waste and we are excited to have received certification from the ISCC for our Ohio facility," said Jeff McMahon, Chief Executive Officer of Freepoint Eco-Systems.
(Source: PR Newswire)