SHANGHAI, China, April 5 /Xinhua-PRNewswire/ -- Sancon Resources Recovery Inc (OTC Bulletin Board: SRRY) a growing industrial waste recycling company with operations in China and Australia, today announced it started to process Polyvinyl chloride (PVC) plastic card waste materials from Leigh Mardon in Australia. The processed waste plastic resins are shipped to China and used by its manufacturing customers to make new products.
Leigh Mardon is Australia's longest-established and most trusted supplier of secure transaction products, services and logistics in Asia Pacific. The company is market leader in cheques, cards and smart cards in Australia and New Zealand. Leigh Mardon services over 1000 customers, including Australia's four major banks, Federal and State governments and many authorities. In the past decade, these organizations have increasingly outsourced many of their requirements to Leigh Mardon. Each year, the company produces over 50 million plastic cards, 26 million personalized cards.
"We are pleased to be working with Leigh Mardon, to recycle as much wastes from the production of the plastic cards as possible," comments Jack Chen, CEO of Sancon. "These recycled plastics can be reprocessed into plastic resins to make new plastic products for a wide variety of applications. In addition, Sancon's 'Security Destruction Services' is trusted by our clients to destruct and recycle used plastic cards which often carry sensitive consumer information." Mr. Chen further comments, "Today, recycled plastics already shows up in many household products used in our daily lives, we believe Sancon is playing an important and increasingly important role in reducing the impact of plastic waste on our environment. By working with world's leading companies such as Leigh Mardon and Veolia, Sancon strives to build more innovative plastics waste management solutions for our partners and customers."
About Sancon Resources Recovery Inc
Sancon Resources Recovery, Inc. (OTC Bulletin Board: SRRY) collects and processes industrial and commercial plastic wastes and sells them to its manufacturing customers in China. Sancon also trades in recycled plastic wastes originated from countries such as the US, Japan, and European countries. The company's operating facilities are in Guangdong Province in China, Australia, and Hong Kong. Sancon serves many industrial clients, and ships more than 25,000 tons of recycled waste materials annually to its customers in China. The use of recycled raw materials is both environmentally friendly and an important method to lower production costs to stay competitive. For more information: http://www.sanconinc.com .
Forward-looking statements:
The statements made in this press release, which are not historical facts, may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
