TotalEnergies and Honeywell sign agreement to promote development of advanced plastic recycling

TotalEnergies and Honeywell have announced a strategic agreement to promote the development of advanced plastic recycling. Honeywell agree to supply TotalEnergies with Recycled Polymer Feedstock (RPF) using their UpCycle Process Technology. TotalEnergies will purchase and convert this raw material into virgin-quality polymers, which could be used for food-grade packaging and other high demanding applications. 

The UpCycle plant, owned by a joint venture between Honeywell and Sacyr, aims to process and convert 30,000 tons of mixed plastic waste into RFP annually. Plastic which may otherwise have been destined for landfill or incineration. The UpCycle plant is projected to commence operation in 2023, with RPF to be used for the manufacturing of high-quality polymers in TotalEnergies’ European-based production units. With identical properties to virgin polymers, the recycled polymers are expected to be suitable for a wide range of applications including food-grade applications, such as flexible and rigid food packaging containers.

This first planned project represents the start of the collaboration between TotalEnergies and Honeywell in the field of advanced recycling. Both parties are committed to addressing the issue of plastic waste and helping to build a more circular and sustainable economy in Europe, and the rest of the world.

"We are pleased to partner with Honeywell to tackle the issue of plastic waste through the development of advanced plastic recycling, and thereby the circular economy, one of the pillars of sustainable development. This project will contribute to TotalEnergies meeting our ambition of producing 30% recycled and renewable polymers by 2030.“ said Valérie Goff, Senior Vice President, Polymers at TotalEnergies.

“Plastics demand will continue to grow, so it’s critical to create a linkage between waste management and plastics production to strengthen a circular flow of plastics,” said Ben Owens, vice president and general manager, Honeywell Sustainable Technology Solutions. “The relationship with TotalEnergies will provide a strong recycled polymer feedstock off-take partner and coupled with our recently announced advanced recycling plant with Sacyr, Honeywell is leading the drive toward a more circular plastics economy.”

Source: TotalEnergies