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    Home > Chemicals Industry > China Chemical > Intech Recycling: Will increase investment in plastic intelligent recycling equipment within three years

    Intech Recycling: Will increase investment in plastic intelligent recycling equipment within three years

    • Last Update: 2021-08-09
    • Source: Internet
    • Author: User
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    [ Star Enterprise of Chemical Machinery and Equipment Network ] On July 9, 2021, Intech Regeneration was officially listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange (stock abbreviation: Intech Regeneration, stock code: 688087, issue price: 21.
    96 yuan/share)
    .
    Incorporated was established on March 14, 2005.
    As one of the key enterprises in Zibo City, Shandong Province, it has innovatively opened up the entire industrial chain of plastic recycling and has broad development prospects
    .
    Centering on the advantages of "the whole industrial chain of plastic recycling and recycling", we will expand horizontally to the field of multi-variety plastic recycling, and we are determined to become a global leader in plastic recycling
    .

     
    Chemical machinery and equipment network star enterprise chemical machinery and equipment
    Intech Recycling (688087.
    SH) is the second listed company founded by founder Liu Fangyi.
    It is a high-tech manufacturer of plastic recycling and recycling.
    It is engaged in the recycling, recycling and utilization of renewable plastics.
    The company has innovatively opened up plastics.
    The entire industrial chain of recycling is an enterprise that perfectly grafts plastic recycling with the use of fashionable consumer goods
    .
    The company's main products are Series A foam cold press, Z series foam compressor , a hot melt foam machine M series, P series of water removal volume reduction machine, PS particles regenerated, recycled PET materials, regeneration PS lines, environmental protection and so finished block
    .
    The main category recycled by the company is renewable PS plastics.
    The company's products include plastic recycling equipment , recycled materials, and recycled products
    .

     
    Compressor plastic recycling equipment
    In the recycling process, the company's self-developed plastic volume reduction equipment provides recycling points with efficient and harmless recycling and treatment solutions for renewable plastics
    .
    Recycling equipment is not only the company’s product, but also the basis for the company to build a recycling network and the starting point of the entire industrial chain; in the recycling process, the company’s recycled plastic particles are transformed into bulk industrial raw materials, which can be sold directly or further processed into various Plastic products; in the utilization link, the company currently focuses on PS plastics, and recycled PS particles are used in decorative line products and finished frame products, which are exported to domestic and overseas markets
    .
    At the same time, the company is also actively expanding the deep processing applications of recycled plastics at the back end of the industrial chain, such as horizontally expanding the use of PET plastics
    .

     

    Plastics pose a great threat to the environment and are difficult to recycle.
    China is facing the contradiction of large amounts of waste plastics and low recycling rates.
    Among them, the proportion of effective, high-quality and environmentally friendly recycling is lower, and there is a lack of convenience and convenience in the market.
    Economic large-scale environmental recycling and reuse methods, especially the lack of core technology and equipment with large-scale processing, good economic benefits, and driving effects
    .

     

    In terms of technology, the company's "recycled polystyrene micro-foaming technology for preparing wood-like wire materials" and "polystyrene waste foam recovery and regeneration modification" projects were recognized as industrialization demonstration projects of the National Torch Program
    .
    The company’s main core technologies "Technology and equipment for volume reduction and densification of waste foamed plastics", "Technology for preparing wood-like wire material from recycled polystyrene micro-foaming" and "Key technology for high-quality regeneration of waste polystyrene foam" were organized by the Ministry of Industry and Information Technology.
    The scientific and technological achievements are appraised, and the appraisal conclusions are internationally advanced
    .

     

    Nowadays, the recycling of waste plastics, as a measure to save energy and protect the environment, is gaining more and more attention
    .
    Plastic recycling not only provides materials for industrial products, facilitates industrial production, and greatly reduces production costs
    .
    It can also reduce waste of resources
    .
    The plastic industry needs a lot of petroleum resources
    .
    Recycling plastic reduces the dependence on petroleum resources
    .
    At the same time, the secondary material processing of plastics consumes much less energy than raw material processing
    .
    Generating general plastic packaging materials, using waste plastics can save 85%-94% of the energy contained
    .

     

      For companies in the plastics industry, it is necessary to continuously improve production technology, integrate technology into production, save resources, avoid environmental pollution, and achieve the perfect unity of economic benefits and environmental protection
    .
    As a leading PS plastic recycling company in China, Intech Recycling leverages its ability to land on the Sci-tech Innovation Board, raises funds to increase the company’s main business, establishes a full-variety of renewable plastic recycling and recycling system, and continuously improves plastic recycling technology to become an international leader.
    Recycled plastics expert enterprises move forward
    .

     

      At present, Intech Recycling now has the ability to recycle 100,000 tons of PS plastic per year.
    In the future, Intech Recycling will focus on the advantages of the entire plastic recycling industry chain and expand the recycling of PS foam to 300,000 tons per year.
    The recycling and utilization of PET beverage bottles has expanded to an annual production capacity of 1 million tons, and horizontally expanded to PE, PP, HDPE and other plastic recycling fields.
    As a result, it is expected to reduce 1.
    92 million tons of carbon emissions and save about 2.
    88 million tons per year.
    Crude oil resources have prevented 6 million trees from being felled
    .

     

      For the company’s main fund-raising project this time, the 100,000 tons/year multi-category plastic bottle high-quality recycling project, for the PET bottles, PE/PP milk bottles and daily miscellaneous bottles commonly used in the lives of Chinese residents, the project will be built Production plants, building a food-grade recycling center, and recycling various types of plastic bottles through advanced cleaning and granulation technologies to achieve high-quality recycling, and then apply them to high value-added markets such as food packaging and high-end filaments
    .
    In the next three years, Intech will increase its investment in research and development of intelligent plastic recycling and reuse equipment, various types of plastic recycling technologies and recycled plastic products.
    At the same time, it will build and improve the research and development technology system, and establish a test platform to meet various types of plastic recycling.
    Improve the level of plastic recycling technology and the industrialization efficiency of R&D projects
    .

     

      Source: Incorporated, Securities Daily, Beijing Puhua Youce, Financial News Network
     

      Original title: Intech Recycling: Will increase investment in plastic intelligent recycling equipment within three years
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