Home > Information > News

Wuhan Green Recycling 300 million yuan investment, 1 million plastic pallets project launched

Renewable Resource Information Station 2025-04-01 10:38:51

Recently, Wuhan Green Cycle Electronic Waste Disposal Co., Ltd. announced the launch of the "Intelligent Remanufacturing of Waste Plastics for New Energy Plastic Pallets (Annual Production of 1 Million Pieces) Project" and has completed the first environmental impact assessment information disclosure. With an estimated investment of 300 million yuan, this project not only signifies the deep integration of the circular economy with the new energy industry but also showcases the company's innovative capabilities in the field of green manufacturing.

Project Highlights: Recycled Plastics + Smart Technology

New Model of Circular Economy
The project plans to produce 1 million plastic pallets per year for the new energy industry using recycled plastics. By employing intelligent remanufacturing technology, it aims to enhance production efficiency and product quality while reducing energy consumption and costs, promoting the high-value utilization of resources from "urban mines."
GEM Group, the parent company of GEM Recycling, has been deeply involved in the circular economy sector for many years. Its total annual waste processing volume has exceeded 10 million tons, and it reduces carbon dioxide emissions by more than 700,000 tons annually. Its technical capabilities and industrial scale are leading in the industry.
Environmental compliance comes first
The project is undertaken by Wuhan Zhihuiyuan Environmental Protection Technology Co., Ltd. for the environmental impact assessment work, strictly following the "Measures for Public Participation in Environmental Impact Assessment". It commits to implementing the environmental protection "Three Simultaneities" system to ensure pollution discharge meets standards and minimize environmental impact.
It is worth mentioning that Wuhan Green Cycle has successfully obtained the renewal of the Waste Electrical and Electronic Equipment Treatment Qualification Certificate (Number E4201175) through the review of the Wuhan Municipal Ecology and Environment Bureau, and completed the change of legal representative and address, further strengthening the company's compliance operation capability.
Policy and Market Dual Drivers
The project aligns with the national "14th Five-Year Plan" for the development of the circular economy, focusing on the comprehensive governance of waste plastics and the needs of the new energy industry. At the policy level, the State Council's "Action Plan for Promoting Large-Scale Equipment Upgrades and Consumer Goods Replacement" has unleashed a trillion-yuan market space for the circular economy. At the market level, the demand for cost-effective, low-carbon materials in the new energy industry continues to grow, and the application scenarios for recycled plastic pallets are continuously expanding.
Technology empowers green production
Green Cycle leverages the technological expertise of its parent company, GEM, and has mature experience in the field of waste plastic modification and recycling. For instance, the recycled plastics from its electronic waste dismantling can be applied in industries such as automotive and electronics, with technology covering the entire process from crushing and sorting to modification and pelletizing. The introduction of intelligent remanufacturing technology is expected to further enhance product performance, meeting the demand for high-strength, corrosion-resistant trays in the new energy industry.

Industry significance: The closed loop from "waste" to "resource"

Upon completion of the project, a significant amount of virgin plastic usage can be reduced annually, alleviating the consumption of petroleum resources and issues related to white pollution. Furthermore, as a key carrier in energy storage and logistics processes, new energy plastic pallets will facilitate the low-carbon development of industries such as photovoltaics and lithium batteries, establishing a closed-loop model of "resources - products - recycled resources."

Conclusion

This project by Wuhan Green Cycle is not only a reflection of the company's technological advancement but also a model of synergistic development between the circular economy and the new energy industry. In the future, with the advancement of trade-in policies and the improvement of green supply chains, the "turning waste into treasure" business model may become mainstream.

【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.

Wuhan Green Recycling 300 million yuan investment, 1 million plastic pallets project launched

Conclusion

Most Popular