Shandong Intco Recycling Resources Co., Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Shandong Yingke Environmental Protection Renewable Resources Co., Ltd. (stock code: 688087) is a high-tech manufacturer engaged in resource recycling and utilization, engaged in the recycling, regeneration, and utilization of renewable resources. The company innovatively connects the entire industrial chain of plastic recycling and reuse, and is an original enterprise that perfectly integrates plastic recycling and recycling with the use of fashionable consumer goods. Headquartered in Zibo, Shandong, it has bases in Shanghai Fengxian, Anhui Lu'an, Jiangsu Zhenjiang, Malaysia, and Vietnam. The GreenMax foam volume reduction and density increase recycling equipment independently developed and designed by the company can reduce the volume of PS foam plastic to 1/50 and 1/90 of the original, help more than 400 recycling points in more than 50 countries at home and abroad to significantly improve recycling efficiency, reduce recycling operating costs, and establish a global recycling network. Yingke Recycling has the ability to recycle and reuse about 100000 tons of PS foam plastic every year. It uses advanced plastic recycling technology and recycled plastic product development technology to realize the high value recycling of plastics and form a circular economy model. The main products include foam volume reduction and density increase recycling equipment, plastic recycled particles, environmentally friendly picture frame lines, environmentally friendly finished frames, environmentally friendly indoor and outdoor decoration materials. The products are exported to more than 120 countries and regions at home and abroad. In 2020, the Ministry of Ecology and Environment of the National Development and Reform Commission pointed out in the Opinions on Further Strengthening the Control of Plastic Pollution that, guided by recyclability and easy recycling, we should research and develop green, environmentally friendly, economical and applicable plastic products and alternative products. Yingke quickly responded to the call, copied the PS foam recycling economic model, launched a 50000 ton PET beverage bottle food level recycling project in the Malaysian factory, and used high-purity sorting, bottle to bottle cleaning High impurity removal rate and other technologies can produce r-PET fiber grade and bottle grade particles, r-PET sheets, and various thermoformed products, which are applied in the food grade plastic packaging industry (water cups, tableware, beverage bottles, etc.), textile industry (clothing, footwear, bags, etc.), automotive industry, etc. The product has obtained FDA and EFSA certification. Yingke Recycling has the ability to recycle and reuse about 150000 tons of plastic annually, helping to reduce global carbon emissions by 300000 tons, save 450000 tons of crude oil resources, and reduce the logging of about 2 million trees. Since its establishment, it has accumulated a reduction of about 2.5 million tons of carbon emissions, saved about 3.75 million tons of crude oil resources, and reduced the logging of about 25 million trees. In the future, Yingke will focus on the advantages of the entire industry chain of resource recycling and utilization, expand the production capacity of recycled PS to 300000 tons, and the production capacity of recycled PET to 1 million tons. It will vertically expand the field of plastic recycling for multiple varieties such as PE, PP, HDPE, and horizontally expand into the field of multi material resource recycling. Driven by independent innovation, Yingke will continue to research and develop recycling and recycling technologies, becoming a world-class high-tech manufacturer of resource recycling, Contribute to achieving carbon neutrality and sustainable development of the Earth!. |
| Headquarter | Zibo |
| Establish Date | 3/14/2005 |
| Listed Code | 688087.SH |
| Listed Date | 7/9/2021 |
| Chairman | Liu Fangyi. |
| CEO | Jin Zhe. |
| Website | www.intco.com.cn |
Buy Premium Now
$15/month billed now
View the full stack of insights immediately
Or 7 Days Free Charge for Trial
See feature available in the Trial and Premium
See our Solution and Servicetrial.solutionservice.trial
See our Uniquness and Value deliveringtrial.solutionservice.trial
