CAIRO, Egypt — Honeywell (Nasdaq: HON) has signed a Memorandum of Understanding (MoU) with Egypt’s Environ Adapt for Recycling Industries with the purpose of advancing plastics recycling within the nation. The 2 organizations will discover the event of the primary chemical recycling facility in Egypt that might be geared up with Honeywell’s superior know-how, able to changing waste plastic into precious recycled polymer feedstock (RFP).
Underneath the proposal outlined within the MoU, Honeywell UOP will work with Environ to deploy its newest UpCycle Course of Expertise – a know-how that, when used together with different chemical and mechanical recycling processes, together with enhancements to assortment and sorting – has the potential to assist recycle as much as 90% of waste plastics., This represents a substantial enhance in waste plastics that may be became polymer feedstock.
“With a broad portfolio of prepared now options that cut back waste, decrease carbon emissions and assist sustainable vitality transition, Honeywell is well-positioned to assist Center Japanese and North African international locations of their ESG objectives,” stated Khaled Hashem, president, Honeywell Egypt and North Africa. “Our Upcycle Course of Expertise represents an essential milestone within the space of plastics circularity, and we’re excited concerning the alternative to collaborate with Environ to see how the know-how might be deployed in Egypt in assist of the nation’s sustainability aims.”
The MoU permits Environ to conduct a challenge feasibility research to discover traits, feedstock availability and potential markets, technical research for the operation of the plant and facility, in addition to total challenge schedule, monetary modelling and evaluation.
In parallel, Honeywell UOP will present Environ with technical and business info and evaluation and broader challenge assist.
“We’re absolutely invested alongside the whole waste worth chain and transferring into chemical recycling is a pure evolution of our scope of labor,” stated Omar M. El Hassanein, CEO for the Waste Remedy and Useful resource Restoration division inside Intro Sustainable Assets. “We’re all the time looking out for progressive applied sciences that may assist us decarbonise our clients’ operations and contribute to the nation’s NDCs. We see Honeywell’s UpCycle Course of know-how as a key enabler of this goal, and are trying ahead to working with Honeywell in direction of the deployment of this know-how in Egypt.”
Honeywell is a world chief in sustainability-related innovation, combining this functionality with an extended legacy in know-how for the digitalization of industries as a part of the Fourth Industrial Revolution. Whereas pursuing its personal aim of changing into carbon impartial throughout its operations and amenities by 2035, Honeywell is supporting comparable sustainability initiatives declared by nations, and their industries, throughout the Center East and North Africa.
The MoU, which was signed throughout the COP27 convention in Sharm El-Sheikh, Egypt, helps the aims of Egypt’s Imaginative and prescient 2030 – a unified long-term political, financial, and social imaginative and prescient developed in alignment with the United Nations Sustainable Improvement Objectives (SDGs).
Underneath Imaginative and prescient 2030 Egypt has set a goal to scale back greenhouse gases (GHGs) by 10% from the vitality sector, together with oil and fuel, by 2030 in comparison with 2016 ranges. Moreover, Egypt’s Nationwide Local weather Change Technique goals to extend the share of renewables in its energy combine to 42% by 2035 and intends to take a position US$10 billion to develop 10 GW of renewables and improve its thermal energy crops.
Working from the North African hub in Cairo, Honeywell has been increasing its presence, actions and investments in Egypt as it really works with a few of the nation’s key authorities and personal sector entities within the fields of oil and fuel, refining and petrochemicals, good cities, constructing automation, protection, aviation, infrastructure growth, logistics, safety and hearth security. The corporate has been current in Egypt for greater than 60 years and is dedicated to offering prime quality expertise and technological alternatives that assist the nation’s long-term give attention to localization.
Honeywell (www.honeywell.com) is a world know-how firm that delivers trade particular options that embrace aerospace services and products; management applied sciences for buildings and trade; and efficiency supplies globally. Our applied sciences assist plane, buildings, manufacturing crops, provide chains, and employees turn into extra related to make our world smarter, safer, and extra sustainable. For extra information and data on Honeywell, please go to www.honeywell.com/newsroom.
About Environ Adapt
Environ Adapt is the Waste Remedy and Useful resource Restoration arm of Intro Sustainable Assets Holding (www.intro-sr.com); it’s a firm that’s disrupting the waste administration sector by implementing progressive enterprise fashions with strategic industrial companions by designing and implementing low-carbon roadmaps to decarbonise our clients’ operations inline with nationwide and worldwide sustainability targets. We leverage our digital platform DAWAR for waste traceability to allow additional investments in useful resource restoration initiatives. For extra info, please go to www.intro-sr.com.
 Assuming sorting and assortment improves to get well most waste plastic, and chemical recycling, together with Honeywell UOP UpCycle Course of, is extensively deployed. The 90 % of waste plastics that might be recycled might change relying on the variety of shoppers or communities which have entry to recycle waste plastics or the provision of recycle amenities.
 Honeywell UOP evaluation of US EPA Advancing Sustainable Supplies Administration: Info and Figures 2018 and IHSMarkit 2019 world polymer consumption information.