The production cost of virgin PET is relatively low, while the cost of recycled PET is relatively high due to recycling, cleaning, processing and other links. In order to pursue higher profits, some unscrupulous merchants may use virgin PET to impersonate recycled PET. A few days ago, the National Enterprise Credit Information Publicity System announced that Suzhou Jiahai Special Fiber Co., Ltd. (fined 1.8 million) and Suzhou Jingpei New Materials Technology Co., Ltd. (fined 1.5 million) used virgin chemical fiber to impersonate recycled chemical fiber and then sold it after labeling. Virgin impersonated recycled, with sales exceeding 10 million! National standards urgently need to be implemented . Impersonating recycled with virgin is not an isolated case. At the beginning of this year, Suzhou Yu Nianshui Fiber Technology Co., Ltd. was fined ...

EDITOR Editor's Note China Re Resources and Environment Co., Ltd. (hereinafter referred to as "China Re Resources and Environment") released its latest annual report, and two sets of data, one cold and one hot, attracted widespread attention: net profit plummeted by 66.05%, while operating cash flow soared nearly five times. The sharp contrast between the decline in profits and the surge in cash reveals a profound change in the company's operating logic. Is this a temporary dilemma or a strategic turnaround in the making? Policy changes, industry reshuffles and company response paths. 2024 is a year of "pressure and change" for China Re Resources and Environment Co., Ltd. (hereinafter referred to as "China Re Resources and Environment" ) . According to the annual report data, the company's net profit attributable to shareholders plummeted by 66.05% year-on...

Editor's Note The harmful substances produced during the plastic crushing process are extremely harmful to the environment and human health. Those engaged in such industries must go through relevant procedures in accordance with the law and take effective pollution prevention and control measures. Any unit or individual must strictly abide by environmental protection laws and regulations when engaging in production and business activities. Illegal discharge of pollutants and environmental pollution will be severely punished by law. Recently, the Xiaochang County Branch of the Xiaogan Municipal Ecological Environment Bureau jointly with the public security organs investigated and dealt with a case of illegal plastic crushing and processing. Case Details The person involved in the case, Song Moumou, set up a plastic crushing processing point privately without obtaining ...

Editor's Note Bio-enzymatic hydrolysis technology is reshaping the recycling logic of waste PET plastics. From the laboratory to industrialization, this technology has broken the limitations of traditional physical recycling with disruptive innovation. This technological revolution from molecular reconstruction to industrial chain reshaping is leveraging a trillion-level green economic future. Recently, Yuantian Biotechnology (Tianjin) Co., Ltd. (Yuantian Biotechnology), the first company in China to successfully commercialize and industrialize the bio-enzymatic hydrolysis of waste PET plastics, announced the completion of nearly 100 million yuan in pre-A+ round of financing . Investors include Beiyang Haitang Fund, Shangshi Capital, Daotong Investment, Lianlong, Renai Group, etc. This round of financing will be used for the construction of a thousand-ton...

Editor's Note Hainan Tunchang Green Low-carbon Circular Economy Industrial Park is a green and low-carbon industrial project that Tunchang County has focused on building. As a landmark project of the "Zero Waste Island", the project has been included in Hainan Province's "Fifteenth Five-Year Plan" and will provide important support for the green and low-carbon development of central Hainan. On April 14, 2025, at the 2025 Hainan Free Trade Port Global Industry Investment Promotion Conference, the People's Government of Tunchang County, China Renewable Resources Development Group Co., Ltd. and Hainan Provincial Supply and Marketing Group Co., Ltd. successfully signed the green and low-carbon circular economy industrial park project.   In recent years, Tunchang County has focused on the "one park, three zones and two centers" indus...

Editor's Note On April 9, the Overseas Edition of People's Daily (Page 10) published an article titled "Chinese Academy of Sciences team achieves breakthrough - achieving efficient decomposition and transformation of waste plastics", which introduced the latest research results on the use of microwaves to treat waste plastics published in the international academic journal Nature Communications by Ma Wangjing and others from the Oil and Gas Development Center of the Institute of Physical Chemistry and Chemistry of the Chinese Academy of Sciences in cooperation with Tsinghua University, Oxford University and other universities.   Recycling waste plastics is helpful for environmental restoration and the development of related industries, but existing technologies make it difficult to directly recycle contaminated mixed waste plastics, which need to be s...