SOURCE: Guanwei Recycling Corp.

November 09, 2010 08:00 ET

Guanwei Recycling Corp. to Participate in Two Additional Investment Conferences in New York During November

FUQING CITY, CHINA--(Marketwire - November 9, 2010) -  Guanwei Recycling Corp. (NASDAQ: GPRC), China's leading clean tech manufacturer of recycled low density polyethylene (LDPE), announced today that Mr. Derrick Chow, Guanwei's VP of Finance, will present at the following investment conferences in November, 2010:

  • The Brean Murray, Carret & Co. 2010 China Growth Conference at the Millenium Broadway Hotel, New York City on November 17-18 2010. The Guanwei presentation will be on Wednesday, November 17, at 9:20am and Mr. Chow will be available for meetings with investors throughout the day.
  • The Maxim Group Growth Conference on Thursday, November 18, 2010 at the Grand Hyatt Hotel in New York City. The Guanwei presentation is scheduled for 10:30am local time. Mr. Chow will be available for meetings with investors throughout the day. The presentation also will be webcast and available at http://www.wsw.com/webcast/maxim3/gprc/.

As previously announced, Mr. Chow also will present at the Wall Street Analyst Forum at the University Club in New York City on Thursday, November 11, 2010 at 11:20 am and meeting with investors throughout the day. The presentation will be broadcast live on the web at http://www.wsw.com/webcast/wsaf17/gprc.

For additional information relating to these events, investors are asked to please contact Mr. Jon Donenfeld, of DGI Investor Relations at 212-425-5700; or email jdonenfeld@dgiir.com.

Description of 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 ten different industries in China. Guanwei Recycling Corp. is one of the few plastic recyclers certified in China that also is audited by TÜV Rheinland Cert GmbH for compliance with German pollution and environmental standards, which allows 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.

Information Regarding Forward-Looking Statements

Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product demand, market competition, and risks inherent in our operations. These and other risks are described in our filings with the U.S. Securities and Exchange Commission.

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