TotalEnergies and Honeywell Sign a Strategic Agreement to Promote the Development of Advanced Plastic Recycling
TotalEnergies (TTE) and Honeywell have entered into a strategic partnership to enhance advanced plastic recycling. Under this agreement, Honeywell will supply TotalEnergies with Recycled Polymer Feedstock (RPF) produced at a new plant in Andalucía, Spain, expected to process 30,000 tons of plastic waste annually. This initiative aligns with TotalEnergies' goal of producing 30% recycled and renewable polymers by 2030. The UpCycle plant is set to begin operations in 2023, contributing to a circular economy and addressing plastic waste effectively.
- Strategic partnership with Honeywell for advanced plastic recycling.
- TotalEnergies to produce 30% recycled and renewable polymers by 2030.
- The UpCycle plant in Spain expected to process 30,000 tons of plastic waste annually.
- None.
The UpCycle plant, which will be owned by a joint venture between Honeywell and Sacyr, is planned to process and convert yearly 30,000 tons of mixed plastic waste into RFP, that may otherwise be destined for landfill or incineration. The projected startup of the UpCycle plant is expected 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
"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, with a 2023 targeted startup, will contribute to meet our ambition of producing
“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
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About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
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About Honeywell
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.
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FAQ
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