104. Turning Plastic Into Fuel


Manage episode 269801937 series 2407978
By Laura Nash. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Bob Powell is the CEO of Brightmark, a disruptive and innovative company based in San Francisco who's turning plastic waste into Renewable Natural Gas (RNG), while also recycling all types of plastic.

For this “Call for Plastic Waste” - Brightmark is working to procure 1,200,000 tons per year of ALL post-use plastic types 1 through 7 from the Eastern half of the United States for recycling at its existing and soon-to-be-built plastics renewal plants nationwide.

Brightmark’s Ashley, Indiana plastics renewal facility, where the plastic will be processed and transformed, is the nation’s first commercial-scale plastics-to-fuel plant. The financing for the facility includes $185 million in Indiana green bonds, which were underwritten by Goldman Sachs.

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