MBA,GISE China venture heralds dawn of a new age for plasatics recycling

摘要

MBA Polymers of the US has inked a deal with Guangzhou Iran & Steel Enterprises Holdings Ltd (GISE) to set up a joint venture plastics recycling facility in Guangzhou,with MBA owning a majority 55% of the venture (see APN March 2004).The new company GISE-MBA New Plastics Technology will have a starting production capacity of 40,000 metric tonnes per year hen it starts operations at the beginning of 2005.