Honeywell's innovative plastic recycling technology achieves commercialization, reducing carbon emis

        Honeywell recently announced the commercialization of a disruptive plastic recycling process. This technology expands the types of recyclable plastics and converts waste plastics into raw materials for producing new plastics, helping to reduce fossil fuel consumption in the process of making virgin plastics, thereby reducing carbon footprint and enabling hundreds of thousands of recycling cycles, promoting the realization of a circular economy for plastics.

        It is possible to increase the recycling rate of waste to 90%

        Honeywell's UpCycle process technology uses industry-leading molecular conversion, pyrolysis and pollutant management technologies to convert waste plastics into recycled polymer raw materials, which can then be used to make new plastics. The UpCycle process significantly expands the types of recyclable plastics, including waste plastics that were not previously recyclable, such as colored, flexible, multi-layer packaging or polystyrene. Combined with other chemical and mechanical recycling processes and improvements in collection and sorting processes, the UpCycle process is expected to increase the proportion of plastic waste that can be recycled globally to 90%.

        A study published in September 2020 by AMI International, a global plastics industry market information provider, shows that by 2030, a range of advanced recycling technologies, including the UpCycle process, can recycle an additional 5 million to 15 million tons of plastic waste per year.

        Reduce Carbon Emissions by 57%

        Recycled plastic produced using the UpCycle process produces 57% less carbon dioxide equivalent (CO2e) than the same weight of virgin plastic produced from fossil feedstocks. It also produces 77% less CO2e than traditional waste plastic disposal methods such as incineration and landfill. Reducing CO2e is one of the most significant advances of all pyrolysis technology solutions.

        "Plastics play an important role in human life, such as extending the shelf life of food and reducing the weight of vehicles to reduce emissions. Unfortunately, only a small part of plastic can be successfully recycled today." Vimal Kapur, president and CEO of Honeywell Performance Materials and Technologies Group, said, "Honeywell's UpCycle process effectively solves this problem. It greatly expands the types of recyclable plastics, has the potential to disrupt the plastic economy and play a key role in improving the sustainability of people's daily products."

        Will build a recycling plant in Spain and start production in 2023

        Honeywell and Sacyr, a global engineering services company headquartered in Spain, will form a joint venture to open and operate a recycling plant in Jerez de la Frontera, Andalusia, Spain. The plant is expected to be operational in 2023 and will be able to convert 30,000 tons of mixed waste plastics into Honeywell recycled polymer feedstock each year.

       By working with companies with waste management experience such as Sacyr, Honeywell is expected to promote on-site recycling technology to collection stations, thereby helping to close the plastic supply chain. The recycling plant adopts a modular design that can be deployed and installed directly, which can better balance the economies of scale and the amount of waste plastics generated locally.

        "Collaborating with Honeywell will help us bring sustainable circular solutions to market," said Eduardo Campos, manager of Sacyr Circular. "The speed of plant construction and the global feasibility of this solution can greatly increase our impact on the communities we serve, the environment and society as a whole."

        Honeywell's UpCycle process technology was developed by Honeywell Sustainable Technology Solutions, a division of Honeywell UOP. This latest technology is consistent with Honeywell's consistent philosophy of providing high-impact sustainable environmental solutions to customers and society.

        Commitment to achieve carbon neutrality by 2025

        Honeywell has a long history and achievements in sustainable development innovation, such as Solstice®, a new generation of low global warming potential hydrofluoroolefin (HFO) refrigerants, foaming agents, aerosol propellants and solvents, which can reduce greenhouse gas emissions of existing products on the market by more than 99%. In addition, Honeywell has pioneered the Ecofining™ process, which can use inedible natural oils, animal fats and other waste materials as raw materials to produce Honeywell Green Diesel™, which has the same chemical properties as petroleum-based diesel.

        Honeywell has repeatedly set and exceeded aggressive sustainability goals, significantly reducing its own greenhouse gas emissions. Based on this good record, Honeywell pledged in April this year to achieve carbon neutrality in its business operations and facilities by 2035.