Timeline last updated: June 23, 2020
Scrap plastic exporters should closely monitor policy changes in the countries they sell to as the global community prepares to enact more aggressive shipment requirements, according to the top staff member for the Basel Convention.
Overseas markets for recovered plastic, including Malaysia and India, are experiencing disruption as governments enact widespread restrictions and close ports in response to the coronavirus pandemic.
Operators of materials recovery facilities are increasing their labor forces and installing additional sorting equipment in response to Chinese restrictions on scrap imports. As companies increase sortation efforts to create a higher-quality output, attention is also turning to the domestic plastics processing market.