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Construction Begins on $260M Plastics to Fuel Plant

Last month, Brightmark closed a $260-million financing package for the construction of the plant, which includes $185 million in Indiana green bonds, which were underwritten by Goldman Sachs & Co.

A rendering of the nation’s first commercial-scale plastics to fuel plant in Ashley, IN. A rendering of the nation’s first commercial-scale plastics to fuel plant in Ashley, IN.

ASHLEY, IN—Brightmark Energy of San Francisco has commenced construction on what it terms as the nation’s first commercial-scale plastics to fuel facility here.

The company says the Ashley facility will be the first of its kind to take mixed waste single-use plastics and convert them into usable products at commercial scale. The facility will convert approximately 100,000 tons of plastics into more than 18 million gallons a year of ultra-low sulfur diesel and naphtha blend stocks and nearly six million gallons a year of commercial grade wax each year.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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