China is set to introduce an eco-industrial chain that will include scrap lead-acid battery recycling and processing as well as battery producing, reports hexun.com.
Xinjiang Renewable Resources Group has entered into a contract with the local government of Xinjiang’s Toksun County for the project based in the area.
The project is set to cost around 400 million yuan ($ 62.7 million), with construction divided into three phases over a three-year time frame.
Once operational, it is hoped the chain will curb the pollution problems surrounding the scrapping of lead-acid batteries (LAB) in Xinjiang.
In total, China produces 220 million kVah of LABs, but has culled the number of registered LAB firms since 2010 amid pollution concerns.
A new environmental law came into effect in China this January, with lead-acid firms having to pass ‘Environmental Inspection’.
The measures resulted in a fall from 2,000 LAB firms in 2010 to around 450 at the end of 2012, with the trend continuing to close small-scale lead-acid battery companies.
