GreenParts International expands global recycling presence

GreenParts International, a metal and textile recycling company with multiple locations in Atlanta, has released a statement from its CEO regarding the company's successful efforts to expand globally.

Asif Balagamwala, GreenParts CEO, says, "I'm extremely encouraged by our expanding relationship with our global partners. We just recently signed a term sheet to provide recycled oil to our South Korean partner, and we have already begun to implement the first order and see this as not only a growing business but are delighted to fulfill part of our mission statement of creating a better global environment."

Balagamwala adds, "In addition we have delivered on approximately $150,000 of our first shipment to SAH Global for our previously announced concrete recycling agreement. In both cases we see growth and very good margins in these new ventures."

A major component of GreenParts Internationals' strategic five-year plan to diversify its business and be less dependent on metal recycling, according to Balagamwala.

“I'm very excited about our new oil and concrete recycling ventures as well as other opportunities that are forthcoming. More details regarding all our new areas of business will be coming soon," he says.