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On February 17, Honeywell announced that it will establish a joint venture with Avangard Innovative, a leader in the plastic recycling industry (hereinafter referred to as Avangard), to build an advanced recycling plant in Texas, USA
Avangard is the largest plastics recycler in the Americas and the first company to adopt UpCycle process technology in the United States
"By partnering with professional recycling and waste management companies, Honeywell can bring advanced recycling technology to the source of recycling, helping to close the plastic supply chain
"Jointly building a state-of-the-art joint venture recycling facility with Honeywell further demonstrates Avangard Innovative's commitment to protecting the environment by achieving zero waste to landfill
The partnership follows Honeywell's recent announcement of a joint venture with Sacyr, a global engineering and services company headquartered in Spain, that further expands the application of UpCycle's process technology
Honeywell's UpCycle process technology was developed by Honeywell's Sustainable Technology Solutions division of Honeywell UOP
Honeywell has a long history and achievements in sustainability innovation, such as Solstice® next-generation low-GWP hydrofluoroolefin (HFO) refrigerants, blowing agents, aerosol propellants and solvents that can The GHG emissions impact of existing products on the market is reduced by more than 99%
Aerial view of the factory in Waller, Texas, USA