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According to Maersk Container Industry Co., Ltd CEO, Maersk new wood-plastic composite material (WPC) production provides opportunities for the local plastic waste collection and recycling.
As early as in 2009, Maersk has signed an agreement with Swedish forest products group VIDA to develop a new wood-plastic flooring system to replace hardwood plywood floors in containers.
In 2011, Maersk has extended its environmental initiatives to equipment. It banned the purchase of containers with floors made of uncertified tropical hardwood.
Maersk Container Industry Co., Ltd has signed a joint venture agreement with an Asia Company to produce with Plastic Composite Materials instead of wood.
The new joint venture company named Maersk (China) Composite Materials Co., Ltd. It is located in Huidong county of Guangdong Province.
From 2012 onwards, this new company will produce recyclable container floors for the Maersk production of 200000 containers each year.
Container floor with the use of non-wood material can protect forest resources. It is also the leading method to reduce the consumption of wood in a mass scale.
Maersk (China) Composite Materials Co., Ltd annual output is more than 50,000 tons, with an expected annual turnover of over US$ 30 million.
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