Introduction
Henan Pingyuan New Material Technology Co., Ltd. (河南平远新材料科技有限公司) is a Chinese recycled-plastics company focused on the research, recycling, production, and sale of PCR and PIR recycled plastic materials. The company is described in industry listings as an advanced remanufacturing enterprise with a manufacturing base in Yanling County, Xuchang, Henan Province, and with sales and warehousing operations in coastal Chinese logistics hubs and selected overseas markets.
In the plastics industry, the company operates within the fast-growing segment of recycled polymer pellets and compounds, supplying materials intended for reuse in manufacturing rather than for disposal. Its public descriptions emphasize a product portfolio covering recycled versions of several major thermoplastics, including PP, ABS, PE, PET, PA6, PA66, and TPU, which places it in the supply chain between waste-plastics collection and downstream conversion into new industrial and consumer goods.
Company background
Henan Pingyuan New Material Technology was established in 2017, according to company materials, and presents itself as an integrated enterprise spanning R&D, recycling, production, and sales. The company’s public contact and directory information places its core production site in Yanling County in Henan Province, while some listings also reference a manufacturing or industrial cluster presence in Fugou County, Zhoukou, indicating a broader regional industrial footprint in central China.
The company’s exhibition and marketplace profiles position it as a supplier of high-value recycled plastics and a “source manufacturer” of recycled pellets, rather than as a trader alone. This distinction matters in the plastics sector because pellet quality, polymer consistency, contamination control, and traceability are central to whether recycled resin can be used in higher-specification applications.
History and development
- 2017: The company states that it was established in this year as an advanced remanufacturing enterprise.
- Expansion of commercial reach: Company materials later described sales and warehousing bases in Ningbo and Dongguan, and overseas nodes in Seoul and Tokyo, reflecting a strategy built around logistics access and export-facing distribution.
- International exhibition participation: The company has appeared in plastics-industry exhibition listings such as the Vietnam International Plastics & Rubber Industry Exhibition, where it presented itself as a producer of recycled plastic pellets for multiple polymer families.
These milestones suggest a development path typical of specialized recycled-material suppliers: build domestic processing capacity first, then expand market access through regional distribution and trade-exhibition visibility.
Business operations and segments
The company’s business model combines several functions that are often separated in the plastics value chain:
- Recycling and remanufacturing
- Material research and development
- Production of recycled resin pellets
- Sales and export-oriented distribution
Industry directories also list a broad accepted input stream of waste plastics, including ABS, EVA, HDPE, LDPE, LLDPE, PA, PC, PE, PMMA, POM, PP, PVC, SAN, and TPU. This indicates that the company appears to work across multiple polymer streams rather than restricting itself to a single resin family.
The company’s public export and trade listings further suggest an international business component. Available shipment-tracking databases indicate exports to markets such as Vietnam, India, Bangladesh, Russia, and other destinations, although shipment databases should be treated as indicative rather than exhaustive.
Products and technologies
Henan Pingyuan New Material Technology’s core product category is recycled plastic pellets for industrial use. Its product descriptions emphasize PCR (post-consumer recycled) and PIR (post-industrial recycled) materials, which are commonly used in manufacturing when consistent melt behavior and mechanical properties can be maintained.
Reported product families include:
- RPP — recycled polypropylene
- RABS — recycled ABS
- RPE — recycled polyethylene
- RPET — recycled PET
- RPA6 — recycled PA6
- RPA66 — recycled PA66
- TPU recycled granules
The technical significance of this portfolio is that these resins cover a wide range of applications, from general-purpose packaging and household goods to more demanding parts requiring toughness, chemical resistance, or dimensional stability. In recycled-plastics manufacturing, value typically depends on sorting, washing, melt filtration, compounding, and quality-control processes that reduce variability and improve downstream processability; the company’s own descriptions stress precision processing and strict quality control.
Applications and end markets
The company’s stated market focus suggests use in a wide range of plastic processing industries rather than a single downstream sector. Public trade and listing data point to applications in:
- Consumer goods
- Industrial components
- Electrical and electronic products
- Furniture and general household items
- Toys and light industrial uses
Some trade records also mention products such as TPU plastic granules for applications including eyeglass components, showing that at least part of the company’s output can target more specialized molded parts. Because recycled resins are often selected on the basis of property retention, color consistency, odor control, and contamination limits, the commercial value of the company’s materials depends heavily on end-user specification requirements.
Global presence and market position
Company materials present Henan Pingyuan New Material Technology as an international supplier serving customers in more than 15 countries and regions, with references elsewhere to more than 100 foreign trade enterprises and more than 800 factory customers. The company also states that it maintains sales and warehouse bases in Ningbo, Dongguan, Seoul, and Tokyo, which suggests an approach designed to support both domestic distribution and export logistics.
In industry-event listings, the company has marketed itself as a source manufacturer of recycled pellets, which implies direct manufacturing capability rather than pure aggregation or brokerage. Market databases show recorded export activity, but they do not by themselves establish market share; no reliable source in the provided material discloses a verified share figure.
Sustainability and environmental initiatives
The company frames its business around recycled plastics and the conversion of waste polymers into reusable raw material, which aligns with broader circular-economy and waste-reduction goals in the plastics sector. Its own materials state that it has promoted ESG practices and green, low-carbon production concepts within the recycled-plastics field.
From an industry perspective, recycled-pellet suppliers such as this one are relevant because they can help reduce dependence on virgin polymer feedstocks and divert plastic waste into secondary manufacturing streams. At the same time, the sustainability performance of such companies depends on factors such as feedstock quality, energy use, contamination control, and the suitability of outputs for durable reuse; these are general sector considerations rather than company-specific disclosed metrics.
Financial performance and economic impact
No audited revenue, profit, or capacity figures were provided in the available sources, so the company’s financial performance cannot be stated reliably from the evidence supplied. The clearest economic indicator in the public material is its role as a supplier to cross-border buyers and factory customers, which implies participation in both domestic manufacturing supply chains and export trade.
Its regional footprint in Henan and distribution presence in coastal logistics centers may also support local economic activity through employment, warehousing, freight, and material-processing services.
Leadership and corporate governance
Publicly available contact information identifies a General Manager and provides company contact details, but the supplied sources do not offer a complete board structure, ownership breakdown, or governance report. The company listings do indicate that it operates as a manufacturer and factory-type entity, with quality and environmental management certifications listed on some business directories, including ISO 9001 and ISO 14001.
Innovations and future outlook
The company’s future prospects are tied to structural trends in plastics markets: higher demand for recycled content, tighter brand-owner sustainability targets, and continued growth in polymer recovery and reprocessing capacity. Its focus on multiple recycled resin families, including engineering and semi-engineering materials such as PA6, PA66, PC, and TPU, suggests an ambition to move beyond basic commodity recycling toward higher-value material substitution.
Its longer-term competitiveness will likely depend on:
- maintaining stable pellet quality across mixed feedstocks
- expanding certification and technical credibility with processors
- managing compliance expectations in export markets
- adapting product specifications to brand-owner recycled-content requirements
Summary
Henan Pingyuan New Material Technology Co., Ltd. is a Henan-based recycled-plastics manufacturer specializing in PCR/PIR pellets and related recycled polymer products. It occupies a practical position in the circular plastics economy by turning waste plastics into industrial feedstock, with a portfolio spanning multiple resin families and a business model oriented toward both domestic customers and export markets.
References
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CPS+ eMarketplace. (n.d.). HENAN PINGYUAN NEW MATERIAL TECHNOLOG CO., LTD.HENAN PINGYUAN NEW MATERIAL TECHNOLOG CO., LTD.. CPS+ eMarketplace. https://www.chinaplasonline.com/eMarketplace/ExhibitorInfo?CompId=1012341Link