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Freepoint Capital Group

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Freepoint Eco-Systems has secured a $50 million non-recourse loan from ING Capital to expand its chemical recycling facility in Hebron, Ohio. This marks the first non-recourse financing in the chemical recycling sector, highlighting the company's commitment to plastic upcycling and the circular economy. ING Capital's Managing Director praised the deal, emphasizing the growing demand for debt capital in the plastics recycling market.

chemanalyst.com

Freepoint Eco-Systems, a US-based company, has secured a $50 million non-recourse loan from ING Capital for its chemical recycling plant in Hebron, Ohio. The loan, which is the first of its kind in the chemical recycling space, is expected to help the company process plastic waste into oil for use by Shell Chemicals. This is part of Freepoint's strategy to build numerous waste plastics upcycling facilities globally.

sustainableplastics.com

Freepoint Eco-Systems secured a $50 million non-recourse project finance facility from ING Capital for its plastic waste upcycling facility in Hebron, Ohio. This facility, with a capacity to process 180 million pounds of plastic waste annually, is one of the world's largest commercial-scale operations for converting hard-to-recycle plastic into hydrocarbon-rich liquid for new products. The deal marks the first of its kind in the developing plastic reclamation space, highlighting Freepoint's strategy to establish multiple waste plastics upcycling facilities globally.

stocktitan.net

Freepoint Eco-Systems LLC, a global commodities merchant focusing on eco-friendly products and solutions, announced the closing of a $50 million non-recourse project finance facility for its plastic waste upcycling facility in Hebron, Ohio. This facility, one of the largest of its kind globally, processes 180 million pounds of plastic waste annually, upcycling it into a hydrocarbon-rich liquid. ING Capital LLC underwrote the term loan facility, marking a significant first for the plastic reclamation industry. This transaction underscores ING's commitment to supporting clients in the circular economy and sustainability sectors.

fox2now.com

Freepoint Eco-Systems LLC, a global commodities merchant and affiliate of Freepoint Commodities LLC, announced a $50 million non-recourse project finance facility with ING Capital LLC for its plastic waste upcycling facility in Hebron, Ohio. This transaction is significant for the circular economy and sustainability sectors, marking the first of its kind in the developing plastic reclamation space.

lelezard.com

    Description

    Freepoint Capital Group is involved in investing and partnering with enterprises, entrepreneurs, and pioneers in healthcare innovation, focusing on technology, data science, life sciences, and care delivery. self-described.