- Business
- Asia Plastic Recycling Holding Limited is an investment holding company principally engaged in the research, development, manufacturing and sales of ethylene-vinyl acetate (EVA) copolymer foam materials and the recycling of waste plastics and PE scraps in China. Its main products include sole sheets, bag and case sheets, common sheets, rubber foam, floor mats, high-elastic foaming materials, other special sheets and expanded polystyrene (EPS) products; these EVA foam materials, characterized by plasticity, elasticity, shock resistance, chemical resistance and low-temperature resistance, serve applications in shoe materials, luggage linings, sporting goods, toys, automotive interiors, packaging for high-tech electronics, furniture, home decoration and building materials. Founded in 1981 and headquartered in Chendai Jiangtou Industrial Zone, Jinjiang City, Quanzhou, China, the company operates primarily in the domestic Chinese market with exports and employs 819 people. Recent financial reports indicate consolidated sales revenues of TWD 64.49 million in November 2024, down 7.47% year-over-year, alongside third quarter 2025 earnings reflecting a NT$0.44 loss per share; no major acquisitions, partnerships or new product launches have been announced in the past 1-2 years.