Green Cycle and Panasonic Group sign strategic cooperation agreement for PCR plastics

On October 27, Green Cycle and Panasonic Group reached a strategic cooperation on the application of PCR plastics and held a grand signing ceremony. Panasonic Excellence Operations Co., Ltd. Global Procurement Headquarters
Guests including Nagasaki Director of the Raw Materials and Mechanical Components Purchasing Center, General Manager of Panasonic Global Sourcing (China) Co., Ltd. Hitadai Yaya, Director Shibata and other guests attended the strategic cooperation signing ceremony and visited the Circular Economy Exhibition Hall and the Polymer Materials Research Institute. , as well as electronic waste dismantling workshops, waste plastic recycling and modification workshops.

Panasonic is a world-renowned electronic and electrical brand enterprise and a socially responsible enterprise committed to contributing to the sustainable development of the world through green manufacturing. Over the years, we have implemented measures such as the use of recycled materials and renewable energy in the product supply chain to reduce carbon dioxide emissions, and we have rich resources and accumulation in plastic recycling. This signing aims to carry out in-depth cooperation between the two parties targeting home appliances and other industrial products, and jointly promote the development and application of high-quality PCR resin materials.

At the signing ceremony, Director Tatsuo Nagasaki delivered a speech. He said that this cooperation with Green Cycle is to promote Panasonic’s goal of expanding the use of recycled plastics in China, giving priority to the use of Green Cycle recycled plastic materials, and increasing the use of recycled resin in China. The usage rate of Green Recycling recycled resin, both parties work together to promote the adoption of recycled plastics.

▲ Director Tatsuo Nagasaki delivered a speech at the signing ceremony

Qin Yufei, chairman of Green Cycle, said that Green Cycle was born with the green gene of energy conservation and environmental protection. Green Cycle and Panasonic share the same-minded green cycle and low-carbon concept. This signing and marriage will not only promote in-depth cooperation in the use of recycled plastics in the field of electronic and electrical appliances, but also promote In order to promote cooperation between the two parties in new energy materials, electronic product recycling and other fields, they have taken a big step forward to jointly discuss the construction of a new green and low-carbon closed-circuit cycle model.

▲ Qin Yufei, Chairman of Green Cycle, delivered a speech

▲ Greencycle Chairman Qin Yufei and Director Nagasaki Tatsuo signed a strategic cooperation agreement

In order to promote green procurement in the supply chain and work with suppliers to contribute to the protection of the global environment, Panasonic Group organizes thousands of suppliers in manufacturing, sales, logistics, corporate activities and other fields to jointly carry out ECO·VC activities every year, and promotes ECO·VC activities with suppliers. Social energy conservation and the popularization of renewable sources promote decarbonization and reduce carbon dioxide emissions. In Panasonic’s 2023 ECO·VC event, Green Cycle used the practice of “closed-loop recycling of high-quality recycled PP in home appliances” and passed the recommendation, review, defense and other links, defeating many participating Panasonic suppliers around the world. , and finally received the award. This achievement and honor is Panasonic’s high recognition of Green Cycle’s practice in promoting green and low-carbon fields. Taking advantage of this signing ceremony, the general manager of Panasonic Global Procurement (China) Co., Ltd. Kitadai Yaya presented the Green Cycle ECO·VC commendation medal on behalf of President Sato of Panasonic Excellence Operations Co., Ltd.

▲ General Manager of Beidai Yaya awarded the 2023 ECO·VC event medal to Green Cycle

▲Photograph of Green Cycle signing strategic cooperation agreement with Panasonic

Through years of continuous technological innovation, Green Cycle has opened up an overall technology path for the entire life cycle from electronic waste dismantling to waste plastic modification and regeneration, and is the first in the industry to implement “recycling and dismantling-cleaning and sorting-modification and regeneration-molding” “Processing” closed-circuit recycling economic model of electronic waste and waste plastic products. This strategic cooperation between Green Cycle and Panasonic is an important measure to promote the high-quality development of the recycled plastics industry. It is also the starting point for promoting high-quality recycling of recycled plastics, high-level technology development and high-quality product applications. The two parties have joined forces to achieve mutual benefit and win-win results, work together to establish a new model of resource recycling, and jointly contribute to the innovation and sustainable development of global waste plastic recycling.