- Owner
of two international U.S. patents and six patents issued by the People’s
Republic of China, including three invention patents and three utility
model patents
- Revenue
for China’s solid waste recycling industry grew at a CAGR of 13.5 percent
to an estimated $16.2 billion from 2014-2018
- Sustainable
and eco-design recycling trends of industrial waste recycling creating
value by extending a products’ life-cycles
- TMSR’s
patented green technology allows industrial companies to extract valuable
metal byproducts from solid industrial waste
- Global
mining waste management market expected to reach 233.56 billion tons by
2022 at a CAGR of 6.1 percent from 2017-2022
TMSR Holding Company Limited (NASDAQ: TMSR), together with
its subsidiaries, is providing a clear choice for companies producing
industrial solid waste in China that are looking for a clean alternative to
traditional waste disposal. Recognized as an industry leader in the research,
development, production and sale of solid waste recycling systems and zero
emissions process systems for the industrial and mining sectors in the People’s
Republic of China, TMSR operates through its wholly owned business divisions:
Shengrong Environmental and Wuhan HOST Coating Materials.
The solid waste recycling industry in China continues to
grow, even after the Chinese government banned the import of 24 categories of
recyclables and solid waste by the end of 2017. The country’s high demand for
limited resources, rising concerns about the environment and urbanization are
fueling the industry’s growth. Revenue for the solid waste recycling industry
in China grew at an annualized rate of 13.5 percent from 2014-2018 to an
estimated $16.2 billion, according to an industry report issued by IBISWorld (http://ibn.fm/fzCYM).
The global waste recycling market, which covers municipal
solid waste, industrial non-hazardous waste, construction and demolition waste,
plastic waste,and waste from electrical and electronic equipment, is also
expanding and expected to generate $282.1 billion in 2018, according to a
report by Frost & Sullivan (http://ibn.fm/nuweA).
TMSR subsidiary Shengrong Environmental designs, builds,
sells and services customized solid waste recycling systems and equipment to
tackle much of the waste produced by these industries. Shengrong’s patented
equipment can process aluminum slag, copper mine tailings, iron mine tailings,
red mud manganese tailings and molybdenum tailings, among many others. Unlike
traditional chemical-based recovery methods, the company extracts resalable
metals from the waste without generating any pollution. The residues are
processed to manufacture high-quality construction materials, turning polluted
solid waste into valuable industrial materials with zero discharge (http://ibn.fm/wQvZJ).
Trends of industrial waste recycling include innovative
business models and disruptive technologies including “green technologies” such
as those offered by TMSR. By supporting principles of sustainability, TMSR
provides end users in the solid waste recycling markets a clean alternative
that significantly reduces solid waste discharge into the environment, reducing
energy use and pollution while creating value for businesses and extending
products’ life-cycles.
For more information, visit the company’s website at www.TMSRHolding.com
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