The current annual processing capacity of plastic waste by Taizhou Qiju Renewable Resources Co., Ltd. is as follows: approximately 20,000 tons of marine plastic waste, about 15,000 tons of agricultural film waste, and around 25,000 tons of household plastic waste.
According to statistics, recycling and processing one ton of waste plastic is equivalent to saving 5 to 6 tons of crude oil. Based on our company’s output value of 150 million RMB last year, calculated at 3,000 RMB per ton, our company has effectively saved 300,000 tons of crude oil, highlighting the significant social benefits and contribution rate.