1. The output of plastic products is growing rapidly, and the global market demand for recycled plastics has great potential

Plastics are one of the most important materials in the modern chemical industry and are widely used in all areas of life. Plastic manufacturing is energy-intensive and emission-intensive, and greenhouse gases are emitted at every stage of its life cycle. At the same time, the recycling rate of plastics is low, which pollutes the environment.

In recent years, plastic pollution has become a major global concern. A recent study has found that plastic not only exacerbates climate change, ocean acidification, and biodiversity loss, but also has a comprehensive impact on the overall environment of the Earth. This forces us to re-examine the threat of plastic to humans and nature.

Recently, at the eagerly awaited ArabPlast 17th International Trade Show for Plastics, Recycling, Petrochemicals, Packaging, and Rubber Industries, Kitech Machinery was like a rising star, successfully capturing the attention of the global industry with its outstanding performance.

Dear friends, partners, and customers! As the New Year's bells ring, we at Kitech Machinery would like to extend our warmest greetings and best wishes to you all. The past year has been a journey filled with challenges and opportunities, and we are truly grateful for your continued support and trust in our company. We look forward to another year of working together, innovating, and growing with you. May the New Year bring you and your loved ones joy, health, and prosperity. Let's create a better future hand in hand!

This week, Kitech Machinery successfully ran a set of hot melter system to reduce the volume of styrofoam foam. This set of equipment is sold to the Bukovik region of Serbia.This set of equipment can reduce the volume of foam by more than 90%, so that foam can be transformed into hard plastic solids, reducing storage and transportation costs, and facilitating subsequent pelletizing work.

Plastic pellets are widely used as raw materials for manufacturing plastic products. The transportation of plastic pellets in the ocean is usually carried out by freight containers in tons. The leakage of plastic pellets will undoubtedly harm marine life and affect fishing, aquaculture, and tourism activities. The most recent major accident occurred on the coast of Galicia, Spain, where millions of plastic particles accidentally leaked from the ship and were later washed ashore.

This week, Kitech Machinery successfully tested a KSP series single screw pelletizing system for HDPE pipe fragments. This project single screw pelletizing system is sold to Switzerland with a plastic particle production capacity of 300-330 kilograms per hour. The materials recycled and processed by the customer include HDPE pipes, barrels, and so on.

Wandering in the river of time, we once again welcome this moment full of warmth and joy - Kitech Machinery's October to December 2024 employee birthday party. As the autumn wind fades away and winter quietly arrives, the year-end bell rings not far away. This birthday party is like a warm sunshine in winter, warming the hearts of every birthday star and illuminating the path we are walking together.

Recently, the International Maritime Organization (IMO) announced that the GLoLitter Partnership (GLP) program has received an extension from the main sponsor, the Norwegian Development Agency (Norad). The new end date for the GLP program is December 2025.

The EU has gone through a long process in addressing packaging waste and plastic pollution issues. In order to promote environmental protection and resource recycling, the European Union passed the Packaging and Packaging Waste Directive (PPWD) as early as 1994. The directive aims to reduce the generation of packaging waste and improve recycling and reuse rates, but multiple evaluations have shown that this directive has failed to effectively curb the negative impact of packaging on the environment, especially the excessive use of plastic packaging.

On November 13-14, 2024, Kitech Machinery actively participated in the PRWE Plastics Recycling World Expo in North America, showcasing its cutting-edge plastic recycling technology and innovative solutions, attracting the attention of many industry insiders and professional visitors, further consolidating its leading position in the field of plastic recycling machinery.

This week, Kitech Machinery successfully tested a set of KCP120 compaction water ring pelletizing system. This plastic film recycling pelletizing system is sold to Ho Chi Minh City, Vietnam, with a production capacity of 400-600kg/H of plastic particles.