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Friday, May 11, 2012

China Cleantech Stock Alert: Guanwei Recycling (NASDAQ:GPRC) Moves over 14%

New York, NY - May 11, 2012 - Investorideas.com renewable energy/green newswire) Investorideas.com, an investor research portal specializing in sector research including China stocks and renewable energy stocks issues trading alert for Guanwei Recycling Corp. (NasdaqCM :GPRC) - trading up at $1.6798, up 0.2099(14.28%) 2:07PM EDT on over 600,000 shares. The stock had a day's high of $1.72.
The company reported yesterday that it will discuss 2012 first quarter results during a live conference call and webcast on Wednesday, May 16th, at 8:00am EDT. This will follow distribution of a news release with the Company's first quarter results on Tuesday, May 15, 2012.
Investorideas.com Newswire About Guanwei Recycling Corp.
Guanwei Recycling Corp. is China's largest manufacturer of recycled low density polyethylene (LDPE). Adhering to the highest "green" standards, it has generated rapid growth producing LDPE from plastic waste procured mostly in Europe for sales to more than 300 customers in more than ten different industries in China. Guanwei Recycling Corp. is one of the few plastic recyclers in China that has been issued a Compliance Certificate by Umweltagentur Erftstadt, which issues certificates of approval for certain plastics manufacturers which meet strict environmental standards in Germany. This enables the Company to procure high quality plastic waste directly from Germany and other European countries ( Spain and Holland), with no middlemen, and permits highly economic production of the highest grades of LDPE. Additional information regarding Guanwei Recycling Corp. is available at www.guanweirecycling.com.
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