Pengda Environmental Protection Technology closes RMB110m Series A

Addor Capital recently led the Series A financing round in Pengda Environmental Protection Technology. The total amount of this round of financing is 110 million yuan, which will mainly be used for the project of recycling and resource utilization of 120,000 tons/year (intelligent) new environmental functional materials.

Addor Capital recently led the Series A financing round in Pengda Environmental Protection Technology. The total amount of this round of financing is 110 million yuan, which will mainly be used for the project of recycling and resource utilization of 120,000 tons/year (intelligent) new environmental functional materials.

After the project is put into production, it will further enhance Pengda’s advantage in the field of hazardous waste activated carbon recovery and comprehensive utilization.

Pengda Environmental Protection Technology was established in 2012 and is located in Zibo City, Shandong Province. It is a high-tech enterprise integrating production, R&D, sales and technical services of multi-functional activated carbon and purification agent.

Since its inception, the company has attached great importance to technological research and development. It has established industry-university-research institutes cooperation with more than ten scientific research institutes such as the Chinese Academy of Sciences and Tsinghua University to date.

Pengda has successfully created a complete industrial chain of hazardous waste activated carbon recovery and high value-added comprehensive utilization. The products include 10 series and more than 30 varieties, which have been widely used in VOCs treatment, flue gas desulfurization and denitrification, oil and gas recycling, solvent recycling, sewage treatment and other fields.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/03/pengda-environmental-protection-technology-closes-rmb110m-series-a/.

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