PETpla.net Insider 07+08 / 2021

MATERIALS / RECYCLING PETplanet Insider Vol. 22 No. 07+08/21 www.petpla.net 21 MATERIALS / RECYCLING 21 ENDLESS INNOVATION SINCE 1919 handling which we also touched on. How does Guolong Plastics currently see and position itself as a recycler? “First of all, plastics are the only viable option in the most diverse areas. However, it is vital that these materials are recycled properly in order to prevent environmental pollution. Governments in Europe and the USA have been increas- ingly addressing this issue, with well- known corporations gradually following suit by raising awareness and promoting responsible recycling. Here, the Chinese authorities are also increasingly manag- ing the circular economy issue by taking the measures I mentioned earlier and this will become a life-long opportunity for us that will bring exceptional growth opportu- nities”, said Mr Jiawan. Mr Jiawan explained what these will be, mainly with the use of figures: “This year, Guolong will continue to expand the recycled ABS project with an annual output of 200,000 t and the recycled PP project with an annual output of 80,000 t. Guolong plans to recycle and treat 530,000 t of waste plastics annu- ally by 2022. The annual output of over 400,000 t of recycled plastic products means over US$ 620 million of yearly sales revenue. Given favourable policies and a thriving economy, China’s domestic plastics recycling market will embrace a huge development opportunity. Like an ambitious young man, I remain optimistic about Guolong’s growth prospects. I will lead Guolong to further tap the local mar- kets in Guangxi Province, and gradually expand our business operations across China.” www.guolongplastic.com www.tomra.com Tomra Autosort for bottle sorting