Hui Cheng Technology(SZ:300779) DT新材料·2025-11-17 23:05Core Viewpoint - The article highlights the significant advancements made by Qingdao Huicheng Environmental Technology Group in the recycling of low-value mixed plastic waste, showcasing their innovative CPDCC technology that enables the conversion of waste plastics into high-value chemical raw materials, thus contributing to a circular economy and reducing plastic pollution [2][6][9]. Summary by Sections Project Progress - Huicheng Environmental announced key progress in its 200,000 tons/year mixed plastic waste resource utilization project, achieving a closed-loop cycle from waste plastic to plastic raw materials, with products meeting quality standards [2][6]. Technology and Innovation - The CPDCC technology addresses six critical bottlenecks in the resource utilization of mixed waste plastics, including efficient sorting, core reactor design, and energy efficiency, significantly enhancing economic viability and reducing carbon emissions [6][7]. - The technology can produce chemical raw materials equivalent to three times the amount obtained from one kilogram of crude oil, while avoiding landfill or incineration [7]. Expansion and Collaboration - Huicheng Environmental has signed cooperation agreements with Zhongzi Environmental and is steadily advancing expansion projects in multiple locations, including Jieyang, Yueyang, and Heze [7]. - The company aims to establish a green recycling system and has completed the ISCC PLUS certification for its project, promoting the construction of waste sorting centers and agricultural film recovery projects [7][8]. Industry Impact - The successful integration of technology and industry collaboration demonstrates that waste plastics can be incorporated into the circular economy, transforming them into valuable resources [8][9]. - The company is committed to providing high-quality recycled materials and innovative solutions for the petrochemical industry and solid waste resource utilization [8][9]. Upcoming Conference - Zhang Xinkong, the founder and CTO of Huicheng Environmental, will present at the 2025 (3rd) Polymer Recycling Conference in Ningbo, sharing insights on the company's advancements and contributions to the industry [2][8].