TotalEnergies and Honeywell Sign a Strategic Agreement to Promote the Development of Advanced Plastic Recycling
Honeywell and TotalEnergies announced a strategic agreement to promote the development of advanced plastic recycling. Under this agreement, Honeywell will supply TotalEnergies with Recycled Polymer Feedstock (RPF) using UpCycle Process Technology at the Honeywell and Sacyr advanced recycling plant, intended to be built in Andalucía, Spain.
The recently announced Honeywell and Sacyr advanced recycling plant uses Honeywell’s UpCycle Process Technology to create the RPF. TotalEnergies will purchase and convert this raw material into virgin-quality polymers, which could be used for food-grade packaging and other high demand applications. In 2023, Honeywell and Sacyr are expected to begin production at the new facility, processing and converting 30,000 tons of plastic waste into virgin-quality polymer feedstock annually.
TotalEnergies is a global multi-energy company that produces and markets energies including oil and biofuels, natural gas and green gas, renewables, and electricity. The company plans to use the RPF in the manufacturing of high-quality polymers throughout its European-based production units.
Honeywell’s UpCycle technology can help to expand the amount of global plastic waste that can be recycled to 90% when implemented alongside existing chemical and mechanical recycling processes and improvements to collection and sorting. Presently, less than 15% of global plastic waste is recycled.