Sancon from China to expand its recycling capabilities

The Chinese company Sancon, a local environmental services and waste recycling company, announced that it inked an agreement with Close the Loop Limited to form a joint venture with the purpose of setting up a state-of-the-art 6,000 square meters facility which will recycle toner and inkjet cartridges with zero waste to landfill, and return the raw materials back to the original manufacturer for reuse in new printers and cartridges.

China currently consumes over 100 million printer cartridges on an annual basis. Sancon will consolidate the results of the joint venture under GAAP. Close the Loop has successfully operated a similar Facility in Australia.

Close the Loop is widely recognized in Australia for its ability to efficiently and cost-effectively process all-in-one toner cartridges, ink jets, toner bottles, drum units, fuser assemblies and other waste. It works closely with some of the top printer cartridge makers in the world, and counts IBM, HP, Epson, Brother, Cannon, Toshiba amongst its partners and clients.

Source: www.sanconinc.com

Key words: cartridge recycling, inks, toner, China