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On August 4, Hubei Jiulong Recycling Technology Co.
, Ltd.
officially started the second phase of the recycled plastic processing production line.
The project includes 4 production lines for recycled PET, HDPE, PP and other products, with an annual production capacity of 50,000 tons
.
Tan Hui (second from right), deputy secretary of Hubei Yunmeng Economic Development Zone, attended the project commencement ceremony
Hubei Jiulong Recycling Technology Co.
, Ltd.
(hereinafter referred to as: Jiulong Recycling) was established in 2018.
As early as 5 or 6 years before the establishment of the company, Jiulong Recycling has opened a number of waste plastic recycling yards in Wuhan
.
The yard first purchased loose bottles, and then packaged them into bottle bricks off the standard, and sent them to factories in Suzhou or Huai'an for processing and production.
After the completion of the first and second phases of the Hubei project, they can be cleaned and reprocessed nearby.
Funding completed
.
With the commissioning of the first phase of the Jiulong Recycling project and entering the normal operation track, and the smooth start of the second phase of the project, Jiulong Recycling will further enrich the varieties of recycled plastics and realize the steady expansion of the market
.
Project Overview
Project Overview1.
Project name: annual output of 50,000 tons;
2.
Project investor: Hubei Jiulong Regeneration Technology Co.
, Ltd.
;
3.
Project investment scale and benefits: The total planned investment is 100 million yuan, including about 40 million yuan in civil construction investment and 30 million yuan in equipment investment.
After completion, the estimated annual output value is 180 million yuan, and the annual tax revenue is more than 10 million yuan;
4.
Project construction site: the adjacent plot on the north side of Party B Company, Xianhe Road, Yunmeng Economic Development Zone;
5.
Project construction content: Purchase land of about 61.
8 mu (net usable area of about 54.
1 mu), build about 36,000 square meters of workshops, warehouses and auxiliary buildings, and install 4 new equipment production lines to produce recycled PET, HDPE, PP and other products ;
6.
Project construction period: Construction will start in August 2021, and it will be completed and put into production in December 2022, with a construction period of 1.
5 years
.
About Hubei Jiulong Regeneration Technology Co.
, Ltd.
, Ltd.
Hubei Jiulong Recycling Technology Co.
, Ltd.
is registered in the Development Zone of Yunmeng County, Xiaogan City, covering an area of 100 mu, with a production capacity of 100,000 tons of recycled PET and recycled PP
.
