Suzhou Famous Machinery Co.,Ltd.

WASTE PLASTICS COME FROM A WIDE RANGE OF SOURCES AND THE RECYCLING MARKET HAS HUGE POTENTIAL. Waste plastic, as a common solid waste, comes from a wide range of sources and types. As global plastic production continues to grow, the generation of waste plastics has also increased dramatically. However, the recycling and reuse of waste plastics contains huge market potential. The sources of waste plastics are very wide, mainly including industrial production, daily life, agricultural activities and other fields. Among them, industrial production is one of the main sources of waste plastics, including scraps and waste products generated during the manufacturing of plastic products and packaging materials. In addition, plastic bags, plastic bottles, plastic tableware, etc. used in daily life are also important sources of waste plastic. Plastic films and pesticide bottles used in agricultural activities are also sources of waste plastics. Currently, the global waste plastic recycling market is developing rapidly. With the increasing awareness of environmental protection and the increasing shortage of resources, more and more countries and regions have begun to pay attention to the recycling and reuse of waste plastics. The waste plastic recycling industry has gradually formed a relatively complete industrial chain, including waste plastic collection, classification, washing, crushing, granulation and others. At the same time, some advanced recycling technologies and equipment have also been widely used in actual production, improving the recycling rate and reuse value of waste plastics. CHALLENGES AND TRENDS IN THE WASTE PLASTIC RECYCLING MARKET

• Challenges and trends in the waste plastic recycling market

  Policy support continues to be strengthened: As environmental protection policies continue to tighten and resources become increasingly scarce, the government will increase support for the waste plastic recycling industry. Promote the healthy development of the waste plastic recycling industry by introducing preferential policies and strengthening supervision.

  Technological innovation drives development: With the continuous advancement and innovation of science and technology, the waste plastic recycling industry will usher in more technological breakthroughs. For example, by developing more efficient recycling technologies and equipment, we can increase the recycling rate and reuse value of waste plastics.

  Acceleration of industrial chain integration: In order to improve the overall efficiency and competitiveness of the waste plastic recycling industry, upstream and downstream enterprises in the industrial chain will accelerate integration. Through strong alliances and complementary advantages, a closer industrial chain cooperation relationship will be formed.

• Potential of the waste plastic recycling market

  The waste plastic recycling market has huge potential. First of all, as global plastic production continues to increase, the generation of waste plastics will also continue to grow, providing a continuous source of raw materials for the waste plastics recycling industry. Secondly, recycling and reusing waste plastics can reduce reliance on virgin plastics, reduce resource consumption and environmental pollution. Finally, the waste plastic recycling industry can also create jobs and promote economic development.

Under the concept of circular economy and the background of "carbon neutral and carbon peak", the environmentally friendly, efficient and high-value recycling of foam material residues and waste materials has become a hot topic in related industries. Among them, EPS is a relatively common choice of foam material, and polystyrene foam material (Expanded Polystyrene referred to as EPS) is a lightweight polymer. It uses polystyrene resin and adds a foaming agent, and it is heated to soften at the same time to generate gas to form a foam plastic with a hard closed cell structure. It can be 100% recycled.

Famous Machinery advocates the concept of "green, environmentally friendly and healthy" life. Through a number of patented production technologies, it can process tens of thousands of tons of "white waste" annually, efficiently recycle renewable EPS foam plastics with high quality, and recycle renewable recycled EPS plastic is used as imitation wood decorative lines, successfully "replacing wood with plastic and turning waste into value".

The environmental benefits brought by seemingly simple "garbage" recycling cannot be underestimated.

"Let science and technology protect the green mountains and clear waters." Famous Machinery has continuously encountered difficulties in more than ten years of development, and has continued to overcome them, turning obstacles into motivation and continuously carrying out industrial transformation, optimization and upgrading. As a growing enterprise, we will not forget our original aspiration, and on the basis of honesty and integrity, we will anticipate and meet customer needs, establish effective customer and supplier alliances, and improve our products, services and value; and continuously implement commitments to employees, customers and society.

Famous Machinery is committed to the sustainable development of employees, creating value for employees, allowing them to have a safe and healthy working environment, thereby using resources in a more efficient way, helping employees grow and improve their skills, then serving our customers & company and create value for society.

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