WIT POLYMER SDN BHD

The growing utilization of plastics in industrial and consumer applications, combined with increased consumer awareness surrounding solid waste recycling, has led to an increased demand for recycled plastic resins and products. One of the fastest growing types of collected plastic materials for recycling is recycle plastic pellet from post-consumer and factory. Replay Plastics will capitalize on the opportunities in the recycled resin and packaging markets through two main divisions: a Recycling Division and a Packaging Division.

 

The Company will create a plastic pellet refining plant. Its initial capacity will be 2000 Tons per month, and it will utilize post-consumer bottle feed stock presently collected in China, Japan, Korea, USA and Hong Kong, which collect over 100 million Tons per year. The Company will be vertically integrated, and use almost all of its recycled material in its Packaging Division. Any surplus materials (clean flake) produced will be sold to outside companies. The extruded sheet may then be sold to manufacturers, who will thermoform it into high-visibility packaging or use it in other high value added manufacturing operations. The strapping will be sold to companies who ship large packages or pallets, such as the Xiaomi, Saiko and etc.