A freight forwarding company has filed a lawsuit against a recyclables exporter, demanding to be reimbursed for tens of thousands of dollars in charges that accrued when cargo containers were left unclaimed at a Chinese port.
Chinese authorities have announced the country will prohibit recycled PET, PE, PVC and PS from being imported by the end of 2017. One U.S. group said that action would have a “devastating impact” on the wider recycling sector.
Thousands of tons of materials were seized during a raid in the Chinese province of Guangdong last week. It’s the latest enforcement action taken as part of China’s ongoing campaign to combat low-quality recovered-material imports.
The future of recovered materials exports to China remains hazy, but the Institute of Scrap Recycling Industries (ISRI) made a few things clear after a recent trip to Hong Kong and Beijing.