TotalEnergies and Honeywell plan to cooperate on the chemical recycling of plastic waste.

Euwid reports that last week, French petroleum company TotalEnergies and U.S. conglomerate Honeywell announced a strategic agreement to advance the development of chemical recycling. Under the agreement, Honeywell wants to supply Total Energies with recycled polymer feedstock that has been processed using the company's proprietary "upcycle" process. The material would be obtained from a plant planned by Honeywell and Sacyr in the Andalusia region of Spain, which is siad to be able to process around 30,000 tons of mixed plastic waste. The plant is scheduled to come on stream in 2023. Total then plans to convert the polymer feedstock into plastics suitable for food-grade packaging and other applications. Total aims to produce at least 30 percent of its plastics from recycled and renewable material starting in 2030. "Demand for plastics will continue to grow, so it is critical to create a link between waste management and plastics production to strengthen the plastics loop," said Ben Owens, vice president and general manager, Honeywell Sustainable Technology Solutions. Valérie Goff, Senior Vice President, Polymers at TotalEnergies (pictured), adds, "We are pleased to work with Honeywell to address the issue of plastic waste through the development of advanced plastics recycling to promote the circular economy, one of the pillars of sustainable development."