May. 30 at 4:27 PM
$EMN Energy Department cancels
$375M Eastman award, Bloomberg says
U.S. Secretary of Energy Chris Wright announced the termination of 24 awards issued by the Office of Clean Energy Demonstrations totaling over
$3.7B in taxpayer-funded financial assistance. Among the canceled awards, according to a list provided to Bloomberg by the Energy Department, is
$375M to Eastman Chemical for a molecular recycling project in Longview, Texas.