The revolutionary innovative product of Swancor - the recyclable thermosetting material "EzCiclo Easy to Recycle" - the first "recyclable thermosetting carbon fiber composite material bicycle" jointly developed by the Swancor team and its partner "Hangyi Technology Co., LTD." has won the innovation award "2023 JEC "COMPOSITES INNOVATION AWARDS"

JEC Group is a non-profit organization headquartered in Paris, France, dedicated to promoting composite materials globally and facilitating their applications. As the publisher of the industry benchmark Magazine JEC Composites Magazine, JEC has organized many events around the World, including JEC World, the international exhibition on composites and their applications held annually in Paris. The award it initiated, "2023 JEC COMPOSITES INNOVATION AWARDS", is the most prestigious award in the field of composites. Over the past 25 years, the JEC Composites Innovation Awards have involved the participation of more than 1,900 companies worldwide. The awards are divided into 11 fields, including: sports and leisure, renewable energy, aerospace, automotive and road transportation... Etc. The evaluation was based on multiple criteria, such as partner participation in the value chain, complexity and business potential. This year, a total of 33 companies were shortlisted and 11 companies won awards.

"EzCiclo Easy to Collect" is a pioneering initiative that has revolutionized the recycling rules through innovative chemical methods, putting the goal of resource efficiency and sustainability into practice. The entire process reduces the consumption of raw materials and increases the possibility of material reuse, finding a recyclable and reusable solution for promoting a green circular economy. Establish a business model and industrial value chain for the thermosetting materials recycling industry that was previously considered impossible to achieve. At present, the EzCiclo series of products have obtained ISO 14021 certification and issued a declaration on recycled materials. The recycling rate of composite materials made from the EzCiclo series of products can reach ≥95%. This certification fully demonstrates the feasibility of EzCiclo's sustainable recycling and provides users with a reliable product statement. It can be applied in a wide range of industries, not only in the bicycle industry, but also in: wind turbine blades, sports and leisure, rail transit, Marine and automotive industries, etc. This time, Swancor won the JEC Composites Innovation Award in the Sports and Leisure field with its "Recyclable Thermosetting carbon Fiber Composite Material bicycle", demonstrating the feasibility of applying "EzCiclo Easy Recyclable" in the sports and leisure field, and once again showcasing Swancor's innovation capabilities and manufacturing strength in the field of composite materials.

CAI Zhaoyang, the chairman of Swancor, said: The recycling of thermosetting composites has always been a problem faced by the composites industry. Swancor is very proud to have taken the first step, which is a great start to exploring the circular economy. We have seen the huge potential of "EzCiclo Easy Harvest" in the future composites industry. We will continue to closely cooperate with customers to develop more diverse solutions for the recycling of thermosetting materials. "

The main advantages of Swancor's "Recyclable thermosetting carbon fiber Composite Material bicycle"

100% recyclable thermosetting composite material bicycle parts with excellent performance

The innovative resin system can achieve closed-loop recycling of thermosetting composite materials

There is no need to change the existing manufacturing facilities and processes

• Low-carbon emission recycling, no waste generated

• Higher value of recycled resins and fibers