Cgmp Process Equipments

New Life for Old Plastics

Recycling, despite its green connotations, can be a messy business. In China, more than 400,000 companies are engaged in plastic recycling, but 70 percent of them are family enterprises, said Chen Guirui, CEO of Hangzhou-based zz91.com, a website focusing on recycling. A lack of advanced technologies and facilities has caused many to blame the industry for producing unnecessary pollution as it tries to provide recycling services.

The Guangzhou GISE-MBA New Plastics Technology Co. Ltd. (GMP) has risen to meet the challenge of processing mixed plastics using eco-friendly technologies and hi-tech recycling facilities. The company, established in 2004, is a joint venture between MBA Polymers Inc. from the United States and Guangzhou Iron and Steel Enterprises Holdings Ltd. (GISE).

"China is the second largest consumer of plastics in the world. Its need for plastics is also growing faster than anywhere else in the world," said Mike Biddle, President and founder of MBA Polymers. "Rather than build expensive and energy-consuming chemical plants, our company provides a way for China to make the plastics it needs, but at significantly lower economic and environmental costs," he said.

GMP, with a staff of 160 and a total investment of $15 million, is located in Guangzhou, capital of south China's Guangdong Province. Its operations turn shredded plastic components in computers, televisions, refrigerators and other products into pellets that are as useful as virtually any freshly produced plastics.

"Our post-consumer-recycled plastics from scrap of durable goods, such as home appliances and electrical equipment, is not inferior to virgin plastics made from oil. Most of them have been used by world-acclaimed appliance and electric equipment makers," said Eric Wang, Managing Director of GMP and Director of China Operations of MBA Polymers.

California-based MBA Polymers, which owns 55 percent of the joint venture, is the world leader in recycling plastics from durable goods that no longer work or have been thrown out.

GISE, which owns 45 percent of the joint venture, is the largest steel producer in south China. It was also the first company in China to establish a metal shredding and recycling operation and is the largest importer of scrap steel in south China.

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