Guangzhou Donoyo Chemical Co., Ltd

  On April 21, Shanghai Osel Materials Technology Co., Ltd. and Tianjin Economic Development Zone officially signed a letter of intent for investment cooperation, and will invest in the construction of a PCR (Post-Consumer Recycled material, post-consumer recycled material) plastic intelligent fine sorting and high-end granulation digital zero-carbon factory project in the northern part of Nangang Industrial Zone. This project will create the largest "car-to-car" high-value closed-loop utilization system in China, help the development of the circular economy, and set an international benchmark. The total investment of the project is 300 million yuan, covering an area of ​​100 acres. After completion, it will produce 200,000 tons of PCR plastics annually. Among them, the first phase will invest 100 million yuan, cover an area of ​​30 acres, and plan to produce 50,000 tons of PCR plastics annually. The project will join forces with world-renowned industry chain partners to jointly promote the localized closed-loop recycling application of automotive plastics, help the automotive industry effectively respond to the challenges of "carbon tariffs" and "green trade barriers", and promote China's manufacturing to connect with international ESG standards. Shanghai Aosel is headquartered in Songjiang, Shanghai. It has established several front-end processing bases for renewable resources across the country. It has long been committed to the research and development, production and sales of high-quality, low-carbon PCR plastics (such as PC, ABS, PP, PA, PMMA, etc.). Its products are widely used in high-end new energy vehicles, high-end consumer electronics, smart homes, high-end lighting and other fields, covering the complete ecological chain of recycling, sorting, crushing, cleaning, granulation, inspection, etc. As one of the earliest low-carbon and environmentally friendly enterprises in China to realize the processing and utilization of car lights and have scale effects, Aosel is the main drafting unit of my country's national standards for recycled PC, PP and ABS, and has more than 30 patents. Its products have also obtained the world's first PCR content verification certificate for automotive recycled materials, as well as the world's first car light recycled material source certification certificate issued by TUV and UL 2809, with significant industry influence. The implementation of this project will not only inject new momentum for green and low-carbon development into the Nangang Industrial Zone, but will also accelerate the agglomeration of regional high-end new materials industries, help TEDA create new international competitive advantages in the field of green circular economy, and provide solid support for the green transformation of China's automotive industry.

Qingdao Hailuyuan Recycling Technology Co., Ltd. (hereinafter referred to as "Haier Recycling"), a subsidiary of Haier Smart Home, and Toyota Tsusho (China) Co., Ltd. (hereinafter referred to as "Toyota Tsusho") held a strategic cooperation signing ceremony in Qingdao. The two parties will cooperate in the plastic recycling business in the home appliance and automobile fields, and jointly develop high-quality PCR recycled plastic products with a purity of up to 99.9% to establish an automotive recycling supply chain to meet the growing demand for recycled plastics in the automotive industry and jointly promote the high-quality development of the plastic circular economy industry. As a green and low-carbon new material, PCR recycled plastics mainly come from plastics extracted from secondary recycling of household appliances, automobiles, etc. after daily consumption. However, according to relevant data statistics, in 2023, driven by multiple favorable policies, the recycling rate of waste electrical and electronic products will be 37.17%, a year-on-year increase of 3.72%. Most of the rest are dismantled in an irregular manner or enter the second-hand market after refurbishment, which not only pollutes the environment but also causes waste of resources. On the contrary, if the waste home appliances are recycled and disassembled and applied to the fields of automobiles, daily chemicals, OA, etc., it will not only reduce environmental pollution, but also help save resources. In this cooperation, Haier Recycling and Toyota Tsusho will give full play to the advantages of their respective fields to jointly build a high-quality PCR supply chain in the automotive industry. Toyota Tsusho is a wholly-owned subsidiary of Toyota Tsusho Corporation, a member of the Toyota Group, and is an industry leader in automotive carbon neutrality and sustainable development. In April 2024, the original metal resource recycling department and the chemical department were integrated to form a new circular economy department. The company will use its strong sales channels in the automotive industry and its understanding of chemical laws and regulations in various countries to support the development of PCR products that can be used in the automotive industry, comply with chemical laws and regulations when importing and exporting, and expand sales in China and overseas. As an important layout of Haier Smart Home in the recycling field, Haier Recycling relies on the advantages of Haier Smart Home's marketing network, service network, logistics network, recycling network, and channel network. The network innovates the "five-network integration" recycling model and establishes a nationwide network of waste home appliance recycling contacts, which can ensure high-quality, large-scale and traceable supply of waste plastics from home appliances. At the same time, Haier Recycling has laid out the industry's first home appliance recycling interconnected factory, which controls product quality from the entire process of disassembly, cleaning, granulation, etc., and has the ability to develop and stably supply high-quality PCR products, which will promote the green development of the entire industrial chain of the automotive industry. For a high-quality PCR supply chain, a complete recycling system and leading scientific and technological strength are indispensable. In addition to building the country's largest waste home appliance recycling network system, Haier Smart Home Recycling Interconnected Factory has also introduced the industry's most advanced high-quality plastic cleaning and sorting production line and recycling new material production line to achieve circular technology leadership. At present, Haier Smart Home Recycling Interconnected Factory can dismantle 2 million waste home appliances and recycle 30,000 tons of recycled materials each year. Based on the industry-leading recycling technology, the removal rate of metal impurities, glass, copper wire, etc. in the waste plastics disassembled by the factory is 100%, and the impurity rate is less than 0.2%. The purity of the produced recycled new materials reaches 99.9%, and the physical properties are almost 0 attenuation. It can directly replace new materials and be applied to automobile bumpers, interior kits, pedals and other parts, which can not only reduce carbon and cost, but also further improve the reliability and safety of the products. At present, the plastic recycling economy has accelerated into the fast lane of development. Looking to the future, Haier Smart Home will continue to expand its recycling industry layout, expand the application of new recycled materials in home appliances, automobiles and other fields, and export replicable and popularizable experiences and results to contribute to the realization of a circular society.    

Time: April 9, 2025 Huicheng Environmental Protection (300779) issued a research announcement, disclosing the latest progress and future plans of the company's 200,000 tons/year mixed waste plastic resource comprehensive utilization project. According to the announcement, the project was successfully ignited on April 8, and the device was running smoothly, marking a key step for the company in the field of waste plastic resource utilization. — 1— The project is progressing smoothly, and the device commissioning has entered a critical stage According to the relevant person in charge of the company, the 200,000 tons/year mixed waste plastic resource comprehensive utilization project has completed ignition, and the device is currently running smoothly. Subsequent commissioning work such as pipeline purging, reactor drying furnace, device water intermodal transport, and feeding will be carried out. The device of the raw material unit has completed single-vehicle trial operation. After the cracking unit produces steam supply, it will enter the drying, granulation and other links to prepare for the output of the final product. Although as the first set of equipment, the project encountered some challenges during the construction progress and equipment acceptance process, such as slow construction progress and equipment return, the company said that these problems have been resolved and the project is progressing smoothly.   — 2— The source of raw materials is clear, and the raw material reserves are advancing as planned The company currently has nine yards and plans to expand them gradually. A single yard covers an area of ​​about 50 mu, with an output of about 3,000 to 4,000 tons. The raw materials for the 200,000 tons/year mixed waste plastic resource comprehensive utilization project come from the garbage collection at the living end of Jieyang City and the plastics of the industrial paper mill, ensuring a stable supply of raw materials. In addition, the company revealed that the Xinjiang agricultural film recycling project is also progressing steadily, providing more possibilities for the comprehensive utilization of waste plastic resources. — 3— Focus on core projects, and follow-up planning is steadily advancing At present, the company focuses on the 200,000 tons/year mixed waste plastic resource comprehensive utilization project, and will make follow-up plans after the project is successful. At this stage, the collection and sorting of plastics in various cities has been started, and the raw material reserves are proceeding as planned. At present, the collection and sorting of plastics in various cities has been started, and the raw material reserves are proceeding as planned, laying the foundation for the expansion of subsequent projects. 14 plastic recycling and regeneration standards are being promoted comprehensively my country has taken positive policy measures in the field of plastic recycling and regeneration. 14 plastic recycling and regeneration industry standards are being promoted in an all-round way, many of which are key projects supervised by the State Council. All interested units are welcome to actively participate.

GRS CERTIFICATION: CORE FRAMEWORK AND PRACTICAL VALUE OF THE GLOBAL RECYCLED STANDARD Overview of GRS Certification The Global Recycled Standard (GRS) was developed by Control Union (CU) in 2008 and later transferred to Textile Exchange in 2011. It aims to promote the use of recycled materials in products and reduce environmental harm caused by production. As an international voluntary standard, GRS covers traceability of recycled materials, social responsibility, environmental management, and chemical restrictions, serving as a "passport to green supply chains" for brands. Core Certification Requirements Material Specifications Recycled Content: Products must contain ≥20% recycled materials (entry threshold); products with ≥50% recycled content may use the GRS label. Traceability: Pre-consumer/post-consumer materials must be clearly distinguished, with full supply chain traceability. Social Responsibility Prohibition of child labor and forced labor, compliance with International Labour Organization (ILO) conventions, and guarantees of fair wages and safe working conditions. Environmental & Chemical Management Establish an environmental management system to control wastewater (pH 6-9), energy consumption, and carbon emissions. Ban hazardous chemicals (e.g., azo dyes, heavy metals) in alignment with the GRS Restricted Substances List (RSL). Supply Chain Oversight Full supply chain certification (recyclers, manufacturers, traders, etc.) to ensure transparent material flow. Applicable Industries & Brand Practices Industry Leading Brands Application Scenarios Textile & Apparel ZARA, H&M, UNIQLO Full-process certification from recycled fibers to finished garments Plastics & Packaging Lidl, Starbucks Recycled plastic products (e.g., packaging bags, straws) Electronics & Home Apple, IKEA Integration of GRS into product design and supply chain management     Key Benefits for Enterprises Market Access: Break through green trade barriers in the EU and other markets, entering international procurement lists. Brand Differentiation: Use the GRS label (for ≥50% recycled content) to attract sustainability-conscious consumers. Regulatory Competitiveness: Meet ESG requirements and enhance opportunities for partnerships and funding (e.g., Apple’s supply chain). Environmental Accountability: Reduce resource consumption, advance circular economy practices, and support carbon neutrality goals. Conclusion GRS Certification integrates material traceability, social responsibility, and environmental management to build green competitiveness for enterprises. From ZARA’s recycled fiber clothing to Apple’s low-carbon supply chains, GRS is not only a symbol of environmental commitment but also a strategic tool for differentiation in global markets. By achieving certification, businesses can realize dual growth in sustainability and commercial value.