Heng Hiap Metal

What Heng Hiap Metal does

Heng Hiap Metal Sdn Bhd is a Malaysian-based, family-owned recyclables trading and processing company founded in 1995 and headquartered in Masai, Johor. The company operates as a unified recycling platform spanning four core material categories: ferrous scrap (HMS, PNS, Busheling, Shredded Scrap, Cast Iron Boring, etc.), non-ferrous scrap (Copper, Aluminium, Stainless Steel), paper scrap (OCC, Mixed Paper, Old Newspaper), and plastic scrap (PE, HDPE, LDPE, PVC). The underlying operation is physical — collection, sorting, processing, and sale of recycled raw materials — with an annual throughput exceeding 600,000 metric tons.

The company serves industrial manufacturers requiring cost-effective, recycled-content raw materials for steel, aluminium, paper, and plastic production. Its value proposition rests on supplying recyclables that reduce energy consumption by up to 95% (aluminium), 60% (steel), 68% (paper), and 88% (plastics) versus virgin material equivalents, and on holding ISO 9001, 14001, and 45001 certifications. Pricing is not publicly disclosed and operates on a quote-based B2B basis determined by material type, quality, quantity, and prevailing market conditions; revenue is generated through transactional spreads on the purchase and resale of scrap materials.

Heng Hiap operates through a group structure comprising four wholly-owned subsidiaries: Heng Hiap Paper Recycling Sdn Bhd, Heng Hiap Industrial Sdn Bhd, Seng Hiap Metal Sdn Bhd, and Yeh Soon Recycling Sdn Bhd. The business is private, with no disclosed institutional investors, and its customer relationships are conducted entirely through direct B2B sales with no third-party distribution, software platform, or app-based interface.

Name

Heng Hiap Metal

Legal name

Heng Hiap Metal Sdn Bhd (371108-P)

Website

https://henghiap.com.my

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Heng Hiap Metal is a Malaysian family-owned recyclables trader and processor founded in 1995, supplying ferrous, non-ferrous, paper, and plastic scrap to industrial manufacturers across Malaysia with annual throughput exceeding 600,000 metric tons.

Ownership category

akta.pro rank

Product category

Recyclables Trading and Processing

NAICS

Recyclable Material Merchant Wholesalers (42393)

akta.pro industry

PRIMARYEUAIAJAH

Scrap Collection, Brokerage & Trading (Dealers, Aggregators, Exporters)

Energy, Utilities & Environment/Environmental Services (Waste Management, Recycling & Remediation)/Scrap Metal & End-of-Life Vehicle (ELV) Recycling

SECONDARYBPALADAF

Metals Recycling & Processing (Ferrous/Non-Ferrous)

Business & Public Services/Waste Management & Remediation Services/Recycling & Materials Recovery (MRFs, Sorting, Processing)

SECONDARYEUAIAJAB

Non-Ferrous Scrap Processing & Recycling (Aluminum, Copper, Brass, Lead, Zinc)

Energy, Utilities & Environment/Environmental Services (Waste Management, Recycling & Remediation)/Scrap Metal & End-of-Life Vehicle (ELV) Recycling

SECONDARYIMAKAMAE

Industrial & Manufacturing Scrap Recycling (Factory Scrap, Turnings, Offcuts)

Industrials, Manufacturing & Construction/Metals & Mining/Scrap Metal & Recycling (Ferrous & Non-Ferrous)

SECONDARYEUAIAKAA

Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply)

Energy, Utilities & Environment/Environmental Services (Waste Management, Recycling & Remediation)/Plastic Recycling (Mechanical & Chemical/Advanced)

Keywords

• Ferrous scrap trading
• Non-ferrous scrap recycling
• Paper scrap processing
• Plastic scrap recycling
• Recyclable raw materials

Headquarters

HQ city

Masai

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Others

Revenue model

1. Recyclables Trading and Processing: Trading and processing of ferrous scrap, non-ferrous scrap, paper scrap, and plastic scrap materials. Revenue generated through the purchase and sale of recycled raw materials to industrial customers.

Distribution channels1 record

Core offering

Heng Hiap Metal trades and processes recycled raw materials for industrial customers in Malaysia. Its product portfolio covers ferrous scrap (HMS, PNS, busheling, shredded scrap, cast iron boring, iron turning, light scrap), non-ferrous scrap (copper, aluminium, stainless steel), paper scrap (OCC, mixed paper, old newspaper, black and white paper), and plastic scrap (PP, HDPE, LDPE, PVC). The company recycles more than 600,000 metric tons of waste per year and supplies these processed materials to industrial manufacturers.

Product overview

Heng Hiap Metal is a Malaysian recyclables trading and processing company founded in 1995. The company operates as a unified recycling platform offering four core product categories: Ferrous Scrap (including HMS, PNS, Busheling, New Tin Plate, Shredded Scrap, Cast Iron Boring, Iron Turning, and Light Scrap), Non-Ferrous Scrap (including Copper, Aluminium, and Stainless Steel), Paper Scrap (including Mixed Paper, Old Newspaper, and Black and White Paper), and Plastic Scrap (including Polypropylene, HDPE, LDPE, and PVC). The company also encompasses several subsidiary brands including Heng Hiap Paper Recycling Sdn Bhd, Heng Hiap Industrial Sdn Bhd, Seng Hiap Metal Sdn Bhd, and Yeh Soon Recycling Sdn Bhd. The company recycles more than 600K MT of waste annually.

Differentiator

Problem solved

Functional benefit

Products and services

• Ferrous Scrap

Quantifiable outcome

• Produces steel from ferrous scrap requires 60% less energy and reduces CO2 emissions by 58% compared to virgin materials
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• SA Recycling: US-based ferrous and non-ferrous metals recycler with shredding, processing, and trading capabilities; close peer in product mix (HMS, PNS, shredded, copper, aluminium, stainless) and B2B mill-customer model.
• Chiho Environmental Group: Hong Kong-listed Asia-focused scrap metal recycler with operations in Mainland China, Hong Kong, and the broader region; similar cross-border trading and processing of mixed metal scrap streams.
• Schnitzer Steel Industries: US-based ferrous and non-ferrous scrap metal recycler with processing yards and export operations; comparable in product breadth and end-market focus on industrial mills and manufacturers.
• Sims Limited: Australia-headquartered global metal recycler operating in ferrous and non-ferrous scrap collection, processing, and trading across multiple geographies; directly comparable business model and product mix to Heng Hiap's metals trading operations.

Regional players

• Tong Miao Group: China-based regional scrap metal trader and processor serving domestic mills; relevant as a regional Asian competitor operating in the same commodity ferrous/non-ferrous recycling space.
• Nippon Shokubai (NRS) / regional Japanese recyclers: Japanese regional materials and recycling operators active in scrap trading and recovery; comparable to Heng Hiap's diversified recycling trading model in an adjacent Asian geography.

Emerging players

• MBA Polymers: US-headquartered advanced plastics recycler producing recycled PP, HDPE, and ABS from end-of-life products; comparable in plastic scrap handling and downstream-of-Heng Hiap in the recycled plastic value chain.

Broad incumbents

• Liberty Steel (GFG Alliance): Global steelmaker with integrated scrap collection and processing operations; broader in scope but a meaningful adjacent player with overlapping ferrous scrap sourcing.
• UPM-Kymmene: Finland-based global paper and biomaterials producer that consumes large volumes of recovered fibre; relevant as a downstream-of-Heng Hiap industrial buyer and adjacent player in the paper recycling chain.
• EMR Group: UK-headquartered global metal recycler with integrated processing and mill operations; broader portfolio but directly overlaps in ferrous/non-ferrous scrap trading and processing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/heng-hiap-metal

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Heng Hiap Metal