Honeywell and China Tianying join hands to build a large-scale waste plastic chemical recycling commercialization project
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● China’s first commercial operation device for chemical recycling of waste plastics using Honeywell’s Upcycle process, turning waste plastics into high-quality recycled polymer raw materials
July 28, 2022 – Honeywell recently signed a cooperation agreement with China Tianying Co., Ltd. (hereinafter referred to as “China Tianying”) to carry out in-depth cooperation in the field of waste plastic chemical recycling. China Tianying to build commercial plastic recycling plant in Jiangsu province using Honeywell UpCycle
The process will mix waste plastics into high-quality recycled polymer feedstock (RPF), help the development of plastic circular economy, and will be the first in China to use Honeywell UpCycle
A commercial operation unit for the chemical regeneration of waste plastics in the process.
Honeywell UOP will provide UpCycle process technology licensing, engineering and technical services to the project through start-up and commissioning, as well as technical support services to operate, optimize, monitor and maintain the plant during its service life.
This project marks the beginning of the cooperation between Honeywell and China Tianying in the field of advanced plastic recycling, and also marks the first application of Honeywell’s advanced UpCycle process technology in the Chinese market. Based on the successful practice of the first set of installations, China Tianying plans to replicate more Honeywell Upcycle applications in the future
The two parties will also explore cooperation opportunities in waste plastic pretreatment and thermal cracking equipment manufacturing.
“Honeywell’s UpCycle process technology not only expands the range of recyclable plastics, enabling a closed-loop plastic-to-plastic cycle, but also helps reduce fossil fuel consumption and carbon footprint in the manufacture of virgin plastic.”
Vimal Ke, global president and CEO of Honeywell Performance Materials and Technology Group
Kapur) said, “We are very pleased to cooperate with China Tianying to solve the problem of recycling waste plastics through the commercial application of innovative technologies, promote the circular economy in China and around the world, and make plastics move towards a more sustainable future.”
Honeywell’s UpCycle process technology uses industry-leading molecular conversion, pyrolysis and pollutant management technologies to convert waste plastics into recycled polymer feedstocks that are then used to make new plastics. The UpCycle process technology significantly broadens the range of recyclable plastics to include otherwise unrecyclable waste plastics such as colored, flexible, multi-layer packaging or polystyrene. When combined with other chemical and mechanical recycling processes and improvements in collection and sorting processes, the UpCycle process technology is expected to increase the proportion of plastic waste that is recycled globally to 90%[1],[2]. This means that the scale of waste plastics that can be converted into polymer raw materials will increase significantly.
“We look forward to working with Honeywell to build a benchmark project in the field of resource recycling and reuse through this cooperation, and jointly release the technical and social value of the project, promote green development, and improve the quality of the human environment.” China Tianying Co., Ltd. Chairman Yan Shengjun said, “China Tianying’s advanced diversified environmental management experience, combined with Honeywell’s disruptive waste plastic recycling technology, will facilitate the flexible practice of the circular economy strategy, play a leading role in projects, and promote the recycling of earth resources. use.”
With the formulation and promotion of China’s “dual carbon” goal, the development of circular economy has become one of the important drivers for realizing energy conservation and carbon reduction. The “14th Five-Year Plan” issued by the National Development and Reform Commission in July 2021
The “Circular Economy Development Plan” proposes that during the “14th Five-Year Plan” period, China will strengthen the classification, recycling and recycling of plastic waste, vigorously develop the circular economy, build a resource recycling industrial system, and improve the efficiency of resource utilization. The chemical recycling of plastics is also clearly listed as Effective means of recycling waste plastics. The cooperation between Honeywell and China Tianying is an in-depth implementation of this strategic plan and promotes the development of the emerging industry of chemical recycling of plastics.
The UpCycle process technology was developed by Honeywell’s Sustainable Technology Solutions division, in keeping with Honeywell’s consistent philosophy of delivering high-impact, sustainable environmental solutions to customers and society. This proven solution is highly aligned with Honeywell’s commitment to achieving carbon neutrality across all business operations and facilities by 2035, and builds on the company’s consistent efforts to significantly reduce greenhouse gas emissions and decades of helping customers achieve environmental and social and innovative traditions of corporate governance goals.
For a long time, Honeywell has been committed to improving its own performance in terms of environment and sustainable development. About 60% of the company’s new product development is based on improving customers’ environmental performance and social benefits. In China, Honeywell has been implementing the development strategies of “Eastern Serving the East” and “Eastern Serving the World”, serving China’s “carbon peak” and “carbon neutrality” goals, and through continuous development of advanced products and technologies, Shaping a sustainable future with Chinese partners.
[1] Assumes that improvements in collection and sorting processes can recycle most waste plastics, and widespread deployment includes Honeywell
Chemical recycling processes including UpCycle process technology. The 90% recycled plastic waste figure may change depending on the number of consumers or communities with access to recycled plastic waste or the availability of recycling facilities.
[2] Honeywell UOP based on Facts and Figures on Advancing Sustainable Materials Stewardship (2018) published by the U.S. Environmental Protection Agency and 2019 published by IHSMarkit
Analysis of world polymer consumption data.