Last year presented an upheaval in the global recovered plastics market, and the impacts continue to roll in. Three experts recently shared their thoughts on the specific causes of the volatility.
Last year presented an upheaval in the global recovered plastics market, and the impacts continue to roll in. Three experts recently shared their thoughts on the specific causes of the volatility.
Officials in China have announced an enforcement campaign to implement the country’s new import restrictions.
During a plenary session at the Plastics Recycling Conference last week, major exporters opened up about alternative markets, quality improvements, and operational and contractual changes they’ve made in response to China’s import restrictions.
China’s import policy changes are straining recovered plastics export markets, particularly impacting mixed rigids. Recycling companies have been forced to stockpile and even landfill the materials, while numerous municipal programs have stopped accepting mixed plastics.
When it comes to scrap plastics exports, 2017 was a tale of two years, with China’s import restrictions altering global patterns for the material.
The 13th annual Plastics Recycling Conference, taking place this week in Tennessee, has brought together nearly 2,000 sector executives. That record-high number is a sign of the widespread industry thirst for connection and guidance at a time of unprecedented market disruption.
Credit: Nerijus Juras/Shutterstock
A North American recycling operation will open an e-plastics-focused facility in response to Chinese import restrictions.
Credit: MAGNIFIER/Shutterstock
Chinese authorities have issued the first five rounds of recyclable-material import permits for 2018. Compared with 2017, the country has allowed in substantially less recovered plastic and approved permits for far fewer companies across all material types.
Credit: Bravo da Luz/Shutterstock
A plastics reclaimer and exporter plans to close its doors, citing impacts from China’s import restrictions as a major factor in the company’s downfall.
Scrap plastic exported out of the U.S. is moving to Southeast Asia, where reclaimers are dramatically increasing purchases as China closes its doors to recovered materials. New figures illustrate that shift.