GE Technology to Use Honeywell Recycling Technology in South Korea
Waste management company GE Technology, which is based in South Korea, is going to use Honeywell's UpCycle Process Technology at its advanced plastic recycling facility in South Korea.
Scheduled to begin production in 2025, the plant will convert mixed waste plastics into Honeywell Recycled Polymer Feedstock (RPF).
The RPF that is made will be used to make new plastics and help move plastics toward a circular economy.
GE Technology’s advanced recycling plant will be capable of transforming 30,000t of mixed waste plastics into Honeywell RPF a year.
GE Technology vice-president Woo-Hyun Shim said: “Honeywell’s UpCycle Process Technology not only allows us to reduce waste by expanding the types of plastics that can be recycled but also displaces the need for fossil fuels in the creation of virgin plastics.
"Now that we have a licence with Honeywell and their UpCycle Process Technology, it is possible for Korea to have a circular economy for plastics."
GE Technology’s recycling facility will be the first in South Korea to use Honeywell’s UpCycle Process Technology.
The technology, developed by Honeywell's Sustainable Technology Solutions (STS) division, combines molecular conversion, pyrolysis, and contaminants management technology to convert waste plastic to Honeywell RPF.
Honeywell claims that the technology can recycle nearly 90% of waste plastics.
Honeywell’s UpCycle Process Technology will also be implemented in facilities across the US, Spain, Turkey, China, and Egypt.
Honeywell Sustainable Technology Solutions vice-president and general manager Barry Glickman said: “GE Technology is the first company in Korea to license Honeywell’s UpCycle Process Technology, which will build upon GE Technology’s existing capability in waste collection and mechanical recycling.
"Honeywell's technology has the potential to play a critical role in driving a circular plastics economy to address the global challenge of plastic waste."
GE Technology aims to help achieve plastic circularity, carbon reduction, and a hydrogen economy, having operated material recovery facilities for several years.
Source: Packaging Gateway