"WASHINGTON - 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.
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.
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."
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