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BRIGHTMARK ENERGY BREAKS GROUND ON NATION’S FIRST COMMERCIAL-SCALE PLASTICS TO FUEL FACILITY IN INDIANA

New circular economy technology transforms plastic waste into transportation fuel and wax; Company plans future sites

Posted: May 22, 2019

ASHLEY, IN – Brightmark Energy, a San Francisco-based waste and energy development company, today broke ground on the nation’s first commercial-scale plastics-to-fuel plant in Ashley, Indiana. A total of 136 full time manufacturing jobs will be created in Northeast Indiana when all phases of the 112,000 square foot facility are operational.

The new plant will utilize a state-of-the-art plastics-to-fuel process that sustainably recycles waste that has reached the end of its useful life – including items that cannot readily be recycled, like plastic film, flexible packing, styrofoam and children’s toys – directly into useful products, like fuels and wax. Ultimately, the outputs of this technology could also be used to produce the feedstocks necessary for manufacturing plastic again, thus creating the world’s first truly circular economy technology for plastics.

Brightmark Energy CEO Bob Powell welcomed attendees to the groundbreaking and cited the need for paradigm-shifting recycling technologies like the process that will be applied in the new plant. “This sustainable technology directly addresses an acute problem facing our nation: more than 91% of the 33 million tons of plastic produced in the U.S. each year is not recycled. These products end up sitting in landfills for thousands of years or littering our communities and waterways. This technology offers a tremendous opportunity to combat a major environmental ill and create positive economic value in the process.”

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 initially convert approximately 100,000 tons of plastics into over 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 in a process that is expected to be 93% efficient. That’s more plastic than the weight of 5,400 tractor trailers or seven Brooklyn Bridges.

BP will purchase the fuels produced by the facility and AM WAX will purchase commercial grade waxes produced in the process. State and local government officials, and representatives from fuel offtaker BP were on hand with Brightmark executives as the first shovels hit the site.

“As a global energy business, BP is focused on the dual challenge of meeting society’s rising energy needs while reducing carbon emissions,” said Amy McKerns, Director of business development for BP Integrated Supply & Trading. “Our relationship with Brightmark Energy highlights the vital role that innovation and technology will play in driving the transition to a lower-carbon future – and the many and unique opportunities that will come with it.”

State and local support for the project became a critical factor in the decision to build in Ashley. The Indiana Economic Development Corporation offered up to $900,000 in conditional tax credits and up to $100,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives.

“We’re proud that an innovative company like Brightmark Energy chose Northeast Indiana for its first facility using this world-changing technology,” said lndiana State Senator Susan Glick. “This region offers the career talent and the logistical advantages companies are looking for when siting state-of-the-art manufacturing facilities. We welcome Brightmark Energy to Indiana.”

Last month, Brightmark closed a $260 million financing package for the construction of the plant, which includes $185 million in Indiana green bonds. As part of the financing closure, Brightmark became the controlling owner of RES Polyflow, the Ohio-based energy technology company that innovated the process for converting plastics directly into transportation fuel and other products.

Jay Schabel, President of Brightmark Energy’s plastics division, said, “Brightmark plans to develop dozens of additional plastics-to-fuel facilities across the United States, and these new locations will all be anchored by the facility we’re breaking ground on today here in Northeast Indiana. We’re pleased to have this opportunity to offer a solution to the complex problems our nation faces around plastic pollution.”


For media inquiries please contact:
Jamie Nolan
jamie@nolanstrategic.com
(410) 463-9869

About Brightmark Energy
Brightmark Energy develops, owns and operates waste and energy projects that employ technology solutions including plastics to renewable resources and renewable natural gas solutions for its customers and partners. Brightmark’s mission is to create significant long-term value and a positive global impact by delivering waste and energy solutions. Brightmark’s subsidiary, RES Polyflow, designs, manufactures and implements commercial scale energy recovery systems that offer a responsible end of life solution for non-recycled waste plastic. Learn more at brightmarkenergy.com.


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BRIGHTMARK ENERGY CLOSES $260M IN FINANCING FOR NATION’S FIRST COMMERCIAL SCALE PLASTICS-TO-FUEL PLANT

Posted: April 11, 2019

SAN FRANCISCO--(BUSINESS WIRE)--Brightmark Energy, a San Francisco-based waste and energy development company, today announced the closing of a $260 million financing package for the construction of the nation’s first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana. The financing for “Brightmark Energy Ashley Indiana” includes $185 million in Indiana green bonds, which were underwritten by Goldman Sachs & Co. As part of the financing closure, Brightmark has become the controlling owner of RES Polyflow, the Ohio-based energy technology company that innovated the process for converting plastics directly into transportation fuel and other products.

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 initially convert approximately 100,000 tons of plastics into over 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 in a process that is expected to be 93% efficient. Ultimately, the outputs of this technology could also be used to produce the feedstocks necessary for manufacturing plastic again, thus creating the world’s first truly circular economy technology for plastics.

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Brightmark Energy Launches Central Washington’s First Dairy Biogas Project

Posted: April 5th, 2019

(BUSINESS WIRE)--Brightmark Energy, a San Francisco-based waste and energy development company, recently launched a biogas project in Yakima County, Washington, that will convert 150,000 gallons per day of dairy waste from up to 7,000 cows into 160,000 MMBtu of renewable natural gas (RNG) – the equivalent of 1.4 million gallons of gasoline – and other products each year. Collaborating as Augean Renewable Natural Gas (RNG), Brightmark Energy, Promus Energy, and DeRuyter Dairies developed the project. Brightmark Energy will manage the joint venture and Promus Energy, the original developer, will serve as the project manager.

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BRIGHTMARK ENERGY ANNOUNCES MAJOR INVESTMENT IN NATION’S FIRST COMMERCIAL-SCALE PLASTICS-TO-FUEL PLAN

Posted: Nov 9th, 2018

(BUSINESS WIRE)--Brightmark Energy, a San Francisco-based renewable energy development company, has acquired a majority interest and invested $10 million in a groundbreaking plastics-to-fuel technology company, RES Polyflow, while committing to an additional $47 million investment in the first commercial-scale plant to utilize this technology, which will be located in Indiana.

Brightmark has partnered with RES Polyflow, the Ohio-based energy technology company that innovated the process for converting plastics directly into transportation fuel and other products, on the creation of a platform for developing future plastics-to-fuel projects.

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FIRST COMMERCIAL SCALE PLASTIC-TO-FUEL PLANT COMING TO INDIANA

Posted: Nov 9th, 2018

(BLOOMBERG ENVIRONMENTAL)--In the tiny town of Ashley, Ind., a factory is about to be built that could help change how American companies dispose of plastic waste.

RES Polyflow plans to break ground early next year on the first commercial-scale plant creating petroleum blends from nonrecycled plastic trash. A multimillion-dollar investment from Brightmark Energy and a possible bond sale will finance the construction of the $200 million plant, which will employ 136 people, RES Polyflow said Nov. 9.

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RES POLY ACQUIRED BY MAJOR INVESTOR

Posted: Nov 9th, 2018

(THE STAR)--Brightmark Energy, a San Francisco-based renewable energy development company, said today it has acquired a majority interest and invested $10 million in a plastics-to-fuel technology company, RES Polyflow.

Brightmark is committing to an additional $47 million investment in the first commercial-scale plant to use RES Polyflow’s technology, which will be built in Ashley.

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BRIGHTMARK ENERGY BUYS MAJORITY STAKE IN PLASTICS-TO-FUEL COMPANY RES POLYFLOW

Posted: Nov 9th, 2018

(PLASTICS NEWS)--Brightmark Energy LLC has taken majority ownership in RES Polyflow LLC, a plastics-to-fuel company that is planning a plant in Ashley, Ind.

The San Francisco-based company, which calls itself a renewable energy development firm, has invested $10 million in RES Polyflow and committed another $47 million to develop the company’s first plant.

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BRIGHTMARK ENERGY ANNOUNCES THE ADDITION OF SCOTT HEALY & ANDREW NEKUS AS EXECUTIVES TO THE TEAM

(BUSINESS WIRE)--Brightmark Energy, LLC (“Brightmark”), a private, San Francisco based provider of clean energy generation solutions for commercial and industrial customers in North America, is pleased to announce the addition of Scott Healy as Senior Vice President and Chief Financial officer and Andrew Nekus as Senior Vice President of Engineering and Operations.

“I’m ecstatic to have two preeminent leaders in the energy industry join our great team at Brightmark,” said Bob Powell, President and CEO of Brightmark. ”With Scott and Andrew’s additions we will have expertise to deliver lower cost, highly reliable energy alternatives to our customers.”

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BRIGHTMARK ENERGY ANNOUNCES LAUNCH

Clean energy generation firm announces a commitment of up to $250 million

(BUSINESS WIRE)--Brightmark Energy, LLC (“Brightmark”), a private, San Francisco based provider of clean energy generation solutions for commercial and industrial customers in North America, is pleased to announce that it has officially launched operations as of August 1, 2016. Brightmark specializes in delivering tailored clean energy generation solutions that lower customer carbon emissions while at the same time providing greater operational reliability and cost control, at no upfront cost to the customer. Clean energy generation technologies to be offered by Brightmark will include combined heat and power, solar, wind and waste to energy.

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