Guanwei Recycling Corp. (NASDAQ: GPRC) is on The StockGuru Leader Board today. The stock is up as much as 32.26% on Tuesday.
Volume traded – so far – as this release was issued intraday: 4,463,422
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About the Company:
Guanwei Recycling Corp. engages in the manufacture and distribution of low density polyethylene (LDPE). It produces LDPE from plastic waste procured in Europe, which it recycles into recyclable LDPE for sales to approximately 200 manufacturers in China. The company also sells scrap materials, including plastic. It primarily serves building and construction industry, where there is an ongoing governmental push to promote the use of plastic in various products, such as water and sewage pipelines. The company sells its products to customers in a range of industries, including shoe manufacturing, architecture and engineering products, industrial equipment and supplies, and chemical and petrochemical manufacturing. Guanwei Recycling Corp. was founded in 2005 and is based in Fuqing City, the Peoples Republic of China.
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