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A major industrial recycling project is taking shape in the small town of Eloy, situated between Phoenix and Tucson, where a new $400 million plastics recycling facility is planned.
The facility is being advanced by Freepoint Eco-Systems, a company that develops large-scale advanced recycling plants designed to convert waste plastic into an oil-like feedstock used by petrochemical manufacturers. The planned Eloy operation represents a significant greenfield industrial investment on approximately 40 acres of currently undeveloped land.
Ownership has indicated that the project is expected to create more than 100 jobs once operational, contributing to a projected economic impact of more than $1 billion for the surrounding area. While detailed construction and financing terms were not disclosed, the scope of the facility and its anticipated employment base position it as a substantial new industrial node for the community.
At full capacity, the plant is expected to recycle approximately 180,000 tons of waste plastic each year. This throughput would place the Eloy facility among the largest advanced plastics recycling plants globally, highlighting its role within the broader petrochemical and materials supply chain. Freepoint Eco-Systems’ advanced recycling process focuses on transforming plastic waste into an oil-like product that can serve as a feedstock for petrochemical manufacturers, effectively returning materials back into industrial production cycles.
On the logistics side, Freepoint Eco-Systems estimates that the plant will receive about 30 inbound truckloads of plastic per day. After processing, the output is expected to move out by rail in tank cars, underscoring the facility’s reliance on both regional trucking networks and rail infrastructure to support daily operations. This multimodal transport pattern aligns the plant with established freight corridors between Phoenix and Tucson.
Freepoint has stated that commercial operations at the Eloy facility are expected to begin in the first half of 2026. The timing places the project on a near- to medium-term horizon for delivery of new industrial capacity in the advanced recycling segment. As the facility moves toward that start date, it is poised to add a large, specialized industrial user to the Eloy market, with implications for local employment, infrastructure utilization and long-term industrial activity in the area.
The post Freepoint Eco-Systems to Build $400M Plastics Recycling Plant in Eloy, Arizona appeared first on CRE Market Beat.
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