January 24, 2025 – Chengfa Environment and RCDPLAS Forge New Path in Plastic Recycling
On January 7th, the R&D center of Chengfa Environment hosted a unique plastic recycling cooperation exchange meeting, bringing together representatives from Chengfa Environment and Portugal-based RCDPLAS. During this meeting, the two parties delved into the latest advancements in plastic recycling technology and the applications of related products, outlining a blueprint for future strategic collaboration.
Despite being located in Portugal, RCDPLAS shareholders Diogo Morão and co-CEO Duarte Bruges engaged in seamless communication with Chinese representatives, including Chengfa Investment General Manager Wang Tao, Director Zhou Xinhua from the Administrative Approval Service Bureau of Yanling County Advanced Manufacturing Development Zone, CEO Huang Enming of Henan Pingyuan New Material Technology Co., Ltd., and Chairman Ma Xiaoyu of Chengfa Chengfu Party Branch, through an online platform.
According to AsiaMB’s industry insights, RCDPLAS, as an innovative plastic recycling enterprise in Portugal, has secured a solid market position in the European market, particularly in France, thanks to its production capabilities of high-quality recycled plastic pellets. Over the past three years, the company has witnessed steady growth in revenue and continuous improvement in operational cost efficiency. Amid the current challenges of low profits in the circular economy, RCDPLAS recognizes the importance of strategic partnerships and aspires to collaborate with Henan Province and Chengfa Environment to explore new frontiers in plastic recycling in Portugal and beyond.
General Manager Wang Tao highlighted that Chengfa Environment has always aligned with the strategic direction of the nation and Henan Province, committed to enhancing the province’s circular economy system. Chengfa Chengfu, as a key player in the implementation of the renewable resource recycling system, boasts extensive experience across the entire industry chain. He emphasized that RCDPLAS’s plastic recycling industry is highly complementary to Chengfa Environment’s renewable resource recycling system business, presenting tremendous potential for cooperation. Chengfa Environment looks forward to establishing a deep strategic partnership with RCDPLAS, leveraging each other’s strengths to precisely target and expand into the European market, contributing to the development of Europe’s circular economy.