Honeywell and Environ intend to advance plastics circularity in Egypt through MOU
Honeywell has signed a Memorandum of Understanding (MoU) with Egypt’s Environ Adapt for Recycling Industries with the aim of advancing plastics recycling in the country.
The two organizations will explore the development of the first chemical recycling facility in Egypt that would be equipped with Honeywell’s advanced technology, capable of converting waste plastic into valuable recycled polymer feedstock (RPF).
Under the proposal outlined in the MoU, Honeywell UOP will work with Environ to deploy its latest UpCycle Process Technology – a technology that, when used in conjunction with other chemical and mechanical recycling processes, along with improvements to collection and sorting – has the potential to help recycle up to 90 percent of waste plastics. This represents a considerable increase in waste plastics that can be turned into polymer feedstock.