Lisaike
PET Recycling
Jiangsu Lisaike PET Recycling Protect aims to produce PET flakes by recycling and processing post-consumer PET bottles, to replace the same amount of PET products produced from raw materials.
Project Type
Vintage Period
Tradeable Quantity
Methodology
Solid waste recycling
2021 - 2022
94,109 tCO2e
AMS III.AJ.
Recovery and recycling of Materials from solid wastes
Project ID
Emission Reductions
Crediting Period
VCS 3063
59, 183 tCO2e/yr
2021 - 2028
BACKGROUND
Jiangsu Province, as a crucial economic powerhouse of China, boasts a robust industrial foundation and a large population base. However, with its booming economy and ever-rising living standards, the consumption of plastic products in the region has experienced a sharp increase. Correspondingly, the issue of plastic waste management become increasingly severe. As a result, the establishment of an efficient plastic recycling system to manage these wastes has emerged as an urgent task.
To address this challenge, the Jiangsu Lisaike Project aims to construct a plastic recycling facility spanning 103,385 square meters, providing practical solutions for plastic waste management and recycling. This facility will primarily use waste bottles as recycling materials, and it is estimated to produce 650,00 tons of PET bottle flakes annually, reducing emissions by approximately 59,183 tCO2e. This not only meets industrial demand but also promotes the development of a low-carbon, environmentally friendly society.
SOLUTION
Emission Reduction Process and Principle :
Polyethylene Terephthalate (PET) is a type of plastic widely used in packaging products. According to data from the Global Plastics Market Report in 2022, the use of PET in the packaging sector accounts for over 70%. The recycling and reuse of PET play a pivotal role in reducing greenhouse gas emissions, particularly carbon dioxide emissionsAs per a study published in Environmental Science & Technology in 2023, the recycling of PET could decrease greenhouse gas emissions by 20% to 30%.
The process of producing new PET encompasses steps such as oil refining, chemical reactions, and thermoforming, all of which not only consume significant amounts of energy but also generate substantial volumes of carbon dioxide. However, by recycling and reusing old PET, we can significantly cut down on energy requirements and carbon dioxide emissions, as the energy needed for recycling and reusing is approximately only a third of that for new production. This has a positive impact on mitigating climate change.
IMPACT
UN Sustainable Development Goals addressed :
SDG 11 - SUSTAINABLE CITIES AND COMMUNITIES
With the increasing urban population and consumerism, the amount of solid waste, especially plastic waste, is growing exponentially. Efficient waste management systems, such as PET recycling plants, can handle this surge, thereby reducing landfill usage and associated pollution. Besides, the recycled PET can be used to construct urban furniture, improving city life quality and aesthetics.
SDG 12 - RESPONSIBLE CONSUMPTION AND PRODUCTION
A significant aspect of responsible consumption and production is the transition from a linear economy (produce, use, discard) to a circular economy (produce, use, recycle, and reuse). PET recycling embraces this concept by transforming used PET products into new items, thus reducing raw material extraction and associated environmental impacts.
SDG 13 - CLIMATE ACTION
The production of new PET plastic is energy-intensive and relies heavily on fossil fuels, resulting in high CO2 emissions. Recycling PET uses less energy than producing new PET plastic, resulting in fewer greenhouse gas emissions and less contribution to global warming.
