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Kingfa won the Recognition of Excellence of 2019 Paulson Prize for Sustainability
Source:    Author:    Date:17.Dec.2019

The award ceremony of the 6th Paulson Prize for Sustainability hosted by the Paulson Institute and Tsinghua University was held in Beijing.

The project “Double Million: Plastic Waste Recycling and Reprocessing” by Kingfa Sci. & Tech. Co., Ltd. has stood out from more than 100 innovative solutions and won the Recognition of Excellence of 2019 Paulson Prize for Sustainability. It is the first material project that won the prize since the establishment of the Paulson Award.


The “Double Million” project uses advanced technology to turn plastic waste into environmentally-friendly and high-performance plastic products for a wide range of industries, from electronics, textiles, home appliances to automobiles. 

The project has established a new upstream recycling network, creating a sustainable circular economy model that can work globally.

By 2030, it is expected to annually produce 1 million tons of environmentally-friendly, high-performance recycled plastic, and recycle up to 1 million tons of plastic waste.

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