Scholz Recycling Group, Essingen, Germany, has announced plans to expand its recycling business in China with Weiqiao, a large aluminum producer.
Scholz reports that as of June 9, both companies have outlined a project to build a recycling industrial park in China’s Shandong Province. Rafael Suchan, chief executive officer of Scholz and its parent company Chiho Environmental Group, signed a memorandum of understanding with Shandong Weiqiao Pioneering Group Co. Ltd. to develop and operate a recycling industrial park in Binzhou, China.
“This signature hopefully marks the next step for Scholz and shows that our unique recycling know-how is crucial for securing supply chains sustainably—especially in those difficult times,” Suchan says of the project start.
The industrial recycling park will source and secure about 200,000 metric tons of aluminum scrap for Hongqiao, a Weiqiao subsidiary. Scholz says Hongqiao is one of the world’s largest aluminum producers.
Within the first phase of the expansion, Scholz plans to collect and process up to 50,000 end-of-life vehicles per year. “This also gives us access to the huge Chinese end-of-life vehicle market,” Suchan says.
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