Honeywell International, the US technology and manufacturing group, says it has discovered a cheaper process to produce plastic from natural gas rather than from the by-products of oil refining.
According to an article by Plastics and Rubber Weekly, the technology could lower the cost of raw materials going into a range of plastics products and “give Honeywell a slice of the multi-billion dollar plastics raw material business”. Honeywell said the new technique is capable of producing ethylene from methane rather than pricier sources such as ethane…
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