Ft Lauderdale, Florida 12/29/2009 6:45:00 AM
News / Business

Guanwei (OTCBB: GURC) Begins Trading Today

Guanwei Recycling Corp. (OTCBB: GRUC) following a name change from MD Holdings Corp, recently publicized that its shares will begin trading on the OTC Bulletin Board

 

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Guanwei Recycling is China's largest manufacturer of recyclable Low Density Polyethylene (LDPE). It has generated rapid growth producing LDPE from plastic waste procured in Europe which it recycles into recyclable LDPE for sales to more than 200 manufacturers in more than ten industries in China. Mr. Chen Min, Chairman and CEO of Guanwei, explained, "By meeting the highest European environmental standards, Guanwei is one of the few plastics manufacturers licensed in China that also has obtained the certificate issued by the German Environment Auditing Association. Our advantage is that we procure high quality plastic waste directly from Germany and other European countries, with no middlemen, which enhances our bottom line and permits economic production of the highest grades of LDPE."

 

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