- 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://nnw.fm/nL0lQ).
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://nnw.fm/d5KU7).
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://nnw.fm/s6nuB).
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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