The 200,000-ton scrap rubber green recycling project of Henan Yikesida Renewable Resource Co., Ltd. laid a foundation.
The project was located in Runan county, Henan province, with an overall investment of 600 million and annual capacity of 200,000 tons scrap rubber.
The construction of the first-phase project is expected to be completed in end-Dec., 2018.
Doublestar Rubber Machinery Co., Ltd. and its subsidiary will produce some machines and parts for Yikesida Renewable Resource.
Yikesida Renewable Resource was registered in Sept. 2017 and the primary shareholders are Doublestar Group Co., Ltd. and Qingdao Xingrui Investment and Management Center.
