Yamamoto Shigen, Shizuoka based ferrous scrap and wasted paper recycler, announced on Tuesday the firm established a new recycling center in Vietnam. This is the first offshore business site for the company. The Vietnamese recycling center will handle ferrous scrap at 4,000 tonnes per month and wasted paper at 1,000 tonnes per month in fiscal 2009 ending March 2010.
The recycling center is located in an industrial estate of Ho Chi Minh with 3,300-square-meter floor space on 4,000-square-meter land. The recycling center has baling system for wasted paper and heavy machinery, and will introduce a scrap shearing machine with 1,000-tonne capacity a year later. There are 10 employees, 5 of whom were hired in Vietnam. The recycling center collects ferrous and paper scrap generated in Ho Chi Minh City, mainly from industry estates. The factory also takes advantage of its location near the sea, collecting scrap from Vietnamese quays and utilizing the quays as entrepots for scrap exported from Japan.M | T | W | T | F | S | S |
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Japan Steel Scrap Composite Prices (Sangyo Press)
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