Shandong Intco Recycling Resources Co., Ltd.: history, ownership, mission, how it works & makes money

A Brief History of Shandong Intco Recycling Resources Co., Ltd.

Shandong Intco Recycling Resources Co., Ltd. was established in 2002. The company specializes in recycling and processing plastic waste, specifically focusing on EPS (expanded polystyrene) recycling. Over the years, Intco has positioned itself as a significant player in the recycling industry.

In 2012, Intco introduced its innovative recycling technology, which significantly improved its processing capabilities. This technology enabled the company to recycle over 300,000 tons of EPS annually, positioning it as the largest EPS recycling enterprise in China.

By 2015, Shandong Intco Recycling had established a factory that encompassed over 200,000 square meters. This facility not only increased production capacity but also included state-of-the-art equipment for efficient waste processing.

In 2018, the company's revenues reached approximately ¥1.5 billion (roughly $220 million). A significant portion of this revenue was derived from its export markets, where demand for recycled products grew rapidly.

Intco's product line expanded in 2019 to include a range of sustainable products made from recycled EPS, such as picture frames and construction materials. This strategic move allowed the company to tap into new markets and diversify its offerings.

As of 2021, Shandong Intco Recycling was recognized as a top enterprise in China's recycling industry, earning accolades for its contributions to environmental sustainability. The company announced plans to invest ¥500 million (around $75 million) in further expanding its production facilities and enhancing its recycling technologies.

In 2022, Intco's commitment to sustainability was recognized when it received multiple awards for its recycling initiatives. The company reported that its annual EPS processing capacity had increased to 400,000 tons.

As of 2023, Shandong Intco continues to lead in the recycling sector, focusing on innovation and sustainability. The company is also actively involved in various industry associations aimed at promoting recycling practices worldwide.

A Who Owns Shandong Intco Recycling Resources Co., Ltd.

Shandong Intco Recycling Resources Co., Ltd. (Intco) is a prominent company in the recycling industry, primarily focused on recycling plastic waste. As of the latest reports, the company is controlled by several major stakeholders, each with significant ownership stakes.

Shandong Intco Group Co., Ltd., the parent organization, plays a crucial role in guiding the strategic direction and operational decisions of Intco. The remaining shares are distributed among institutional investors, who are often looking for stable returns through investments in sustainable sectors, and individual retail investors who contribute to the public ownership segment.

Intco has experienced substantial growth, with revenue figures reported at approximately ¥2.5 billion (around $385 million) for the fiscal year 2022. Its gross profit margin stands at approximately 25%, indicating effective cost management in its recycling operations.

In 2023, the company expanded its operational capacity by acquiring a new recycling facility, which increased its production output by 30%. This move underlines the commitment to enhancing recycling efficiency and meeting increasing demand for recycled materials.

According to the latest financial statements, Intco reported net income of about ¥500 million (about $77 million) for the same period, reflecting a year-on-year growth of 15%.

With a current market capitalization estimated at approximately ¥10 billion (around $1.54 billion), Intco holds a significant position within the recycling sector and represents a promising investment opportunity for stakeholders focused on sustainability. The company's stock has demonstrated volatility, influenced by market trends in the recycling and plastics industries, but has generally trended upward over the past year, with a return of approximately 25% year-to-date.

Shandong Intco Recycling Resources Co., Ltd. Mission Statement

Shandong Intco Recycling Resources Co., Ltd. has a clear and strategic mission that focuses on environmental sustainability and innovation in the recycling industry. The company seeks to lead in recycling and reusing polystyrene foam and other types of plastics through advanced technologies and processes.

The mission statement emphasizes three core pillars: sustainability, technology advancement, and customer satisfaction. Intco aims to minimize waste by transforming discarded polystyrene into valuable resources, thereby contributing to a circular economy.

In alignment with their mission, Shandong Intco Recycling Resources Co., Ltd. has made significant strides in the recycling industry. According to their 2022 financial report, the company recycled over 100,000 tons of polystyrene foam, contributing to a reduction of approximately 300,000 tons of CO2 emissions.

Their commitment to sustainability is reflected in their operations; the company aims to recycle 50% of polystyrene products by 2025. In addition, they have invested in an advanced recycling facility with a production capacity of 50 tons per day.

Furthermore, Shandong Intco Recycling has established partnerships with several organizations to promote recycling initiatives, aiming to raise awareness and drive community involvement in sustainability practices.

The company also tracks progress towards its goals and reports metrics such as waste diverted from landfills and the volume of recycled products sold, which stood at $15 million in revenue from recycled goods in 2022.

Overall, Shandong Intco Recycling Resources Co., Ltd.'s mission statement and operational goals underscore their dedication to environmental stewardship, technological innovation, and customer service excellence within the recycling industry.

How Shandong Intco Recycling Resources Co., Ltd. Works

Shandong Intco Recycling Resources Co., Ltd. specializes in recycling waste materials, particularly in the plastic and polystyrene sectors. Founded in 1993 and headquartered in Shandong Province, China, the company has established itself as a key player in environmental recycling.

The company primarily focuses on the recycling of Expanded Polystyrene (EPS) and has developed sophisticated processing technologies to convert waste into reusable materials. In 2022, Intco Recycling reported a processing capacity capable of handling over 300,000 tons of waste material annually.

Intco operates three main business segments: recycling services, manufacturing of recycled products, and sales of recycled raw materials. The integration of these segments allows for a streamlined operation maximizing both efficiency and sustainability.

Financial Performance

For the fiscal year 2022, Intco Recycling recorded revenues of approximately ¥1.5 billion (around $220 million), marking a growth of 20% compared to the previous year.

Operating profit for the same period stood at ¥250 million (approximately $36 million), reflecting a margin of 16.7%. The company’s net profit was reported at ¥200 million (about $29 million), with a net profit margin of 13.3%.

Operational Processes

Intco's operational model includes collection, sorting, processing, and manufacturing. The company sources its waste materials from various suppliers, including construction and demolition sites, packaging waste, and post-consumer products. Annual processing costs total approximately ¥100 million (around $14.5 million).

Once collected, the EPS waste is sorted and cleaned before being processed into recycled raw materials. The recycling process employs advanced technology, including shredders, extruders, and pelletizers, which aid in transforming waste into reusable pellets. Each ton of recycled material significantly reduces environmental impact, with one ton of recycled EPS preventing the emission of approximately 2.5 tons of carbon dioxide.

Sustainability Initiatives

Shandong Intco Recycling actively engages in sustainability initiatives. As of 2022, the company has partnered with over 2,500 suppliers and customers worldwide, promoting a circular economy. Their commitment to sustainability is evident in their production of Eco-friendly products, with the recycling of EPS contributing to a reduction of 500,000 tons of waste per year.

The company has outlined future expansion plans to increase its recycling capacity by 30% within the next five years, in line with China's push for increased environmental protection and waste reduction.

Market Position

According to the latest reports, Shandong Intco holds approximately 25% of the market share in China's EPS recycling sector. Competitors include companies like Green Dot Corporation and Veolia Environnement S.A., which also operate within the broader recycling market.

The global EPS recycling market is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2022 to 2030, driven by increasing demand for sustainable products and stricter environmental regulations.

Intco’s continuous innovation and commitment to environmentally friendly practices position it well in this growing market.

How Shandong Intco Recycling Resources Co., Ltd. Makes Money

Shandong Intco Recycling Resources Co., Ltd., a prominent player in the recycling industry, generates revenue through multiple channels primarily centered around the recycling and processing of waste materials. The company specializes in the recycling of EPS (expanded polystyrene) waste, which is a significant source of raw material for their manufacturing process.

In fiscal year 2022, the company reported a total revenue of approximately ¥1.5 billion (around $230 million), showcasing a growth of 15% compared to the previous year. The rise in revenue can be attributed to the increasing global emphasis on sustainability and the demand for recycled materials in various industries.

Revenue streams are categorized primarily into the following segments:

• Sales of EPS raw materials
• Manufactured products from recycled materials
• Consulting and recycling services for businesses

The sales of EPS raw materials form the bulk of Intco's income, reflecting the company's extensive capabilities in processing and repurposing waste materials. The firm successfully operates multiple recycling centers, which contribute significantly to its raw materials supply. In 2022, they processed over 130,000 tons of EPS waste.

Moreover, the manufactured products derived from recycled materials include items like picture frames and other consumer goods. The push for eco-friendly products has positively influenced sales, leading to a margin increase of approximately 25% in this division over the last year.

Intco also collaborates with various businesses to provide consulting services, further diversifying its revenue. These services include advising on waste management strategies and sustainable practices, which are increasingly sought after as companies aim to enhance their environmental credentials.

The operational efficiency of Intco is evident in their profitability metrics. In 2022, the company's gross margin stood at 30%, reflecting strong cost management and effective utilization of resources. The net profit margin was recorded at 10%, indicating healthy profitability relative to their total revenues.

Key factors supporting Shandong Intco's revenue generation include:

• Strategic partnerships with waste management companies.
• Investment in state-of-the-art recycling technologies.
• Growing market demand for sustainable products.

Overall, Shandong Intco Recycling Resources Co., Ltd. is well-positioned in the recycling industry, utilizing innovative practices to convert waste materials into profitable products while maintaining a commitment to environmental sustainability.