Sancon obtains Chinese licence

Archiv – Sancon Resources Recovery Inc., a waste management and recycling company with operations in China and Australia, has formed a division in China – Sancon Shanghai – and obtained the first waste management and recycling licence to be issued in Shanghai to a foreign company. Sancon Resources Recovery Inc., a waste management and recycling company with operations in China and Australia, has formed a division in China – Sancon Shanghai – and obtained the first waste management and recycling licence to be issued in Shanghai to a foreign company.
Headquartered in Melbourne, Australia, Sancon has established several waste recycling facilities in the cities of Shanghai, Chengdu, Tianjin and Dongguan to serve customers on a national basis. Sancon plans to establish recycling sites in more than 20 cities by the end of 2007.
To date, waste management and recycling licences in China have been available only to domestic companies. Sancon’s recycling facilities will focus initially on processing and recycling consumer product packaging into reusable raw materials before expanding into other areas of waste management.
Sancon’€™s CEO Jack Chen comments: ’We will invest continuously in building additional facilities, equipment, staffing and management in anticipation of the market growth. China presents many promising opportunities to a company like Sancon, as more and more companies increasingly turn their attention to environmental initiatives.’€™
Sancon Resources Recovery Inc. specialises in the collection, processing and selling of industrial and commercial solid wastes, and already operates facilities in China, Australia and Hong Kong. The company also trades in scrap plastics originating from the USA, Europe and Japan.