Guanwei Recycling Corp. (GPRC)

Last Closing Price: --

Company Description

Guanwei Recycling Corporation is engaged in recycling plastics. Guanwei procures raw material in the form of unrecycled plastic waste from its suppliers and uses this material to manufacture recycled plastic grains. These recycled plastic grains are then sold to manufacturers of consumer products in various industries. Guanwei specializes in the production of various recycled plastics products, the most important of which is low density polyethylene (LDPE). Guanwei's products are sold to customers in a wide range of industries, including shoe manufacturing, architecture and engineering products, industrial equipment and supplies, and chemical and petrochemical manufacturing. The Company's LDPE products in particular are widely used in the manufacturing of chemical and functional fibers, and is the main raw material for shoe soles, insulation material, fire-proofing and water-proofing material, and foam. Guanwei Recycling Corporation is based in Fuqing City, in the Fujian Province of China.

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Stock
Exchange NASDAQ
Sector Basic Materials
Industry Agricultural Inputs
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Percentage Held By Insiders (Latest Annual Proxy Report) 61.57%
Percentage Held By Institutions (Latest 13F Reports) 0.00%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%