In its bid to improve the environment, the Chinese government is expected to further restrict imports of scrap plastics, although a specific timeline for action isn’t clear.
Following the price hikes in March and April, the market in China for recovered plastic material has declined since the second half of May both in pricing and demand.
It’s election season, and one hot-button issue is the Trans-Pacific Partnership (TPP), which aims to significantly boost trading relationships between the U.S. and other countries. In the plastics recycling industry, however, opinions vary on whether the treaty would be good for business.
China’s recent crackdown on scrap imports has exposed smuggling operations, led to dozens of arrests and resulted in the confiscation of more than 22,000 tons of material.
A campaign aimed at curbing criminal activity could cause headaches for those legally sending recyclable materials across the Pacific Ocean.
Flexible film packaging is being accepted at the curb in one Midwest city, and thousands of plastic bags have been diverted from landfill thanks to a group of charitable women.