Recon Technology has formulated preliminary plans to expand into the plastics chemical recycling business. Recon also attended the 27th China Plastics Recycling Conference and Exhibition held on February 28 at Dongguan City of Guangdong Province to explore cutting-edge technologies working to achieve circular economy goals in eliminating waste and pollution, keeping products and materials in continuous use, and regenerating natural systems. Chemical recycling of waste plastics is expected to become a new growth area and a driving force for petrochemical and sanitation solid waste industries in the carbon neutral era due to its superior plastic waste treatment, carbon reduction and crude oil substitution capabilities.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on RCON: