Hunan Vary Tech Co., Ltd. showcased its advanced plastic-to-fuel pyrolysis technology at the INC-5 conference in Busan, South Korea, signing a significant cooperation agreement with a Korean recycling firm to combat global plastic pollution. This collaboration marks a key step in advancing chemical recycling and sustainable waste management.
Lummus Technology and MOL Group have initiated the design phase for the first Lummus Advanced Waste Plastic Recycling unit, which will be located in Hungary and process 40,000 tons of mixed waste plastics per year. This project marks a significant step towards a more circular economy and addresses the global plastic waste challenge by transforming waste into valuable chemicals and raw materials.
