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Tuesday, 01/29/2008 11:17:17 AM

Tuesday, January 29, 2008 11:17:17 AM

Post# of 2746
BUSINESS WIRE
Posted: 2008-01-29 08:02:46

Sancon Helps China To Develop a Green Economy

According to China National Resources Recycling Association and energy experts, China's import of recycled raw material grew from 1-2 million tons per year in the early 1990's to over 50 million tons per year in 2007, demonstrating its thirst for resource materials. China's fast growing economy currently requires 50 percent more energy per unit of output than the global average, five times more than the United States and 10 times more than Japan. While global natural resources continue to increase in demand and price, China will need to develop its own resources recovery and green energy market to continue its economic growth.

Sancon Resources Recovery Inc. is a fast growing environmental services company that has found its niche in China's effort to "Go Green". Sancon started its business in Melbourne, Australia in 2002, offering waste management and industrial solid waste recovery services to large industrial and consumer companies. It expanded into China in 2006 due to the background of its CEO Mr. Jack Chen, a China-born waste expert with many years of operating experiences in recovered resources trading. Since Sancon began its China expansion, it has launched a network of waste recovery plants around China, offering environmental services to fortune 1000 companies. These companies often require quality waste management services on a national wide scale. Sancon recently opened its sixth waste recovery plant in the city of Xiamen in the south eastern part of China, in addition to other five plants located around China.

Mr. Jack Chen, CEO of Sancon commented: "We are facing enormous opportunities here in China for the next decade. The new proposed green economy would be only feasible with companies like Sancon, realizing and supplying China's recycled raw materials for its manufacturers. Our services will also help our clients to reduce energy usage and landfill costs. With our investments and plants built out in the last two years, Sancon is now able to service as many as 30 Chinese cities in waste recovery with its logistic operations. Sancon today is perhaps the only environmental service company in China with such wide scope of coverage and high service standards. Sancon is well positioned to help China's effort of going green and claim a leadership position in the industry."