The plastics recycling equipment company Next Generation Recyclingmaschinen GmbH, based in Feldkirchen, Austria, has opened a sales office in Malaysia. The office will focus on growing the company’s business in Southeast Asia. The new regional office will be managed by Walter Schmedler.
According to the Waste Management Assn. of Malaysia, plastics make up between 15-17 percent of Penang’s solid waste composition, with that figure growing, while the recycling rate for plastic is just 3 percent. Because of this, the government, with support from environmentalists and non-governmental organizations, has been promoting recycling, as well as a reduction in total plastic demand.
NGR, produces machinery for the recycling of post-industrial thermoplastics, states that it is the second largest claiming the number-two position in the world market. In 2008, turnover was 15.4 million euros, with expected sales of 15 million euros for 2009-2010.
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