Sancon Opens Fifth Plastics Recycling Plant in China

Sancon Resources Recovery Inc. announced that its China subsidiary, Sancon Shanghai, has opened a new plant in Nanjing, China. The city is located in the Jiangsu province, which has more than 75 million people.

The Nanjing plant is Sancon's fifth recycling facility deployed in China. The facility includes a logistic vehicle fleet and recycling capability catered for post consumer waste management services.

"Sancon has devoted substantial resources in its expansion to seize the growth opportunities in China," comments Mr. Jack Chen, CEO of Sancon. "This new plant will significantly improve our ability to serve the rapidly growing Chinese market. I congratulate Sancon's China management team with their achievements. China's environmental service industry is still at its infancy stage however is highly encouraged by the Chinese government with increasing environmental issues as a result of fast industrial growth manifest in the past 20 years. Sancon strives to progress in parallel to capture these opportunities." Since late 2006, Sancon has shifted its organic growth focus to China. It has since established 5 recycling plants and hired over 100 employees in China.

During the third quarter of the year Sancon secured a multi-million dollar waste management contract in China to process its post consumer wastes nationwide. Sancon was granted a waste management license by the Chinese government early this year and is fully ISO 9001 and ISO14001 certified.