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.
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