SGD Holdings, Ltd. is a holding company focused on creating and acquiring new technologies, products and methodologies that have the potential to positively impact the environment. Increased media coverage, more stringent legislation, rise of pressure group activities and recent industrial disasters have significantly increased the consumer demand for eco-friendly products.
EcoPaper, Inc., a wholly-owned subsidiary of SGD Holdings, has developed an innovative and economically feasible method of removing tons of agro-industrial waste generated every year. The company’s tree-free, eco-friendly, sustainable paper products offer a sustainable replacement to the wasteful paper products that are overused in our society on a daily basis.
According to recent estimates, paper accounts for 40% of all municipal waste. Post-consumer paper waste is choking our landfills and causing harmful pollution to both our air and water supply when incinerated. Even with recent gains in technology, paper remains the main form of communication among people, especially in the education field, and has an infinite number of industrial uses.
For the year ended December 31, 2010, EcoPaper reported record revenues exceeding $3.4 million compared to sales of $84,697 for the same period a year earlier. The company attributed the 3,967% increase in revenues to its efforts of diversifying into the sales of raw materials. Additional gains in profitability and revenues are anticipated this year as the company continues to grow while carefully manage its costs.
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