BEIJING, Sept. 20,
2024 /PRNewswire/ -- On September 6, 2024, the inaugural U.S.-China
Circular Economy Cooperation Forum was held in Beijing. The forum, guided by the U.S.-China
Climate Action Working Group Circular Economy Task Force, was
co-organized by the China Circular Economy Association and the
US-China Business Council. The forum brought together approximately
460 distinguished guests from the National Development and Reform
Commission of China, the Ministry
of Foreign Affairs, the Ministry of Industry and Information
Technology, the Ministry of Ecology and Environment, the Ministry
of Housing and Urban-Rural Development, the Ministry of Commerce,
the General Administration of Market Regulation, the US State
Department, the US Department of Energy and other government
departments, as well as industry experts, business representatives
and scientific research institutions of the two countries. As the
domestic leader in continuous pyrolysis technology, Niutech was
invited by the China Circular Economy Association to attend the
forum and gave an insightful speech on the topic of waste plastic
recycling, and the issues of 'white pollution' that can result from
it.
Enhancing Quality and Efficiency in the Circular Economy with
Innovative Forces
The forum was strategically designed to advance the goals
outlined in the U.S.-China "The Sunnylands Statement on Enhancing
Cooperation to Address the Climate Crisis" (hereinafter referred to
as the Sunnylands Statement). It aimed to create a collaborative
platform for the business community, social organizations, and
research institutions from both countries to foster exchanges and
drive tangible cooperation in the circular economy.
Zhao Chenxin, Deputy Director of the National Development and
Reform Commission, John Podesta,
Senior Advisor to the U.S. President on International Climate
Policy, Liu Zhenmin, China's
Special Envoy for Climate Change Affairs, Nicholas Burns, U.S. Ambassador to China, and Xie Zhenhua, former Special Envoy
for Climate Change Affairs of China, attended the opening ceremony of the
Forum and delivered a speech, and Xie
Feng, Chinese Ambassador to the U.S., made a video message.
Deputy Director Zhao Chenxin said that addressing climate change is
a common cause for all mankind and cannot be separated from the
cooperation between the two global forces, China and the United
States.
The China-US Circular Economy Cooperation Forum, held as an
initiative to implement the Sunnylands Statement, marked another
significant milestone in China-US
cooperation on the circular economy. This collaboration is crucial
for both nations as they join forces to tackle the climate crisis.
On the afternoon of September 6, the
forum organized four parallel meetings, where representatives
engaged in in-depth exchanges on topics such as using the recycling
economy to reduce greenhouse gas emissions, promoting the
application of recycled materials, addressing plastic pollution and
enhancing recycling, and increasing the recycling value of waste in
the context of new industries and consumption patterns.
Niutech: International Experts on Continuous Pyrolysis
Technology and Pioneers in solving the global "white pollution"
problem
Globally, hundreds of millions of tons of waste plastics are
generated annually, yet only about 30% undergo recycling.
Traditional physical methods are typically limited to high-value,
single-category, and relatively clean waste plastics. However,
repeated recycling can degrade the quality of the plastics.
Chemical recycling, on the other hand, offers a transformative
approach by converting waste plastics into high-value products or
fuels through chemical processes, thus overcoming the limitations
of physical recycling.
Pyrolysis technology, a cornerstone of chemical recycling,
addresses the challenges associated with the material recycling of
waste plastics. It is adept at processing various types of
low-value, mixed, and contaminated waste plastics. The products of
pyrolysis can be further processed to manufacture new plastics,
achieving a closed-loop system where waste plastics are repurposed
into high-value new plastics. This not only retains the material's
utility at a high level but also converts "white pollution" into a
"white oil field," signifying a major shift in the management and
valorization of plastic waste.
At the forum, as the international expert in continuous
pyrolysis technology, the corporate representative of Niutech
shared the cases of waste plastic chemical recycling projects
deployed with international giants BASF and Quantafuel in
Denmark, Thailand and other countries. Niutech has
developed its own pyrolysis technology and equipment, which they
fully own the intellectual property rights to. This technology
enables the transformation of low-value, mixed, and contaminated
waste plastics—including various polymers such as PP, PE, PS,
ABS—into high-quality fuel oil.
The fuel oil derived from this process can undergo further
refining into naphtha, a critical raw material in the production of
new plastics. This advanced recycling process not only diverts
plastics from landfills and the environment but also contributes to
a circular economy by turning waste into a valuable resource.
In the future, Niutech will continue to champion the principle
of "green, recycling and low-carbon" waste plastics pyrolysis.
Armed with advanced technology, reliable equipment, abundant
high-value solutions and proven experience, Niutech is committed to
enhancing communication and cooperation with domestic and foreign
partners. Together, they will drive forward the chemical recycling
of waste plastics and the sustainable development of the global
waste plastics recycling industry.
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SOURCE Niutech