The U.S. exported 635 million pounds of scrap plastic during the first half of the year, down 18% year over year. | Halawi/Shutterstock
New trade figures show lower year-over-year exports of recovered plastic from January to June. The decline was largely driven by less material going to India.
U.S. exporters shipped out 773 million pounds of scrap plastic in the first half of 2019. | aapsky/Shutterstock
Federal trade statistics released last week show U.S. export volumes for the first six months of 2019. Recycled plastics have seen a major drop when compared with figures from a year ago.
Shipping giant Maersk announced as of Sept. 1, 2020 it will no longer take scrap material shipments to China. | Mariusz Bugno/Shutterstock
Citing China’s upcoming legislation that will ban all “solid waste” imports, APM-Maersk this month announced it will stop shipping virtually all recovered materials to China and Hong Kong in the coming weeks.
Hapag-Lloyd announced that it will not accept “solid waste” cargo that would arrive in China after Sept. 1. | Solarisys/Shutterstock
This article has been updated.
Shipping company Hapag-Lloyd announced it will stop taking recycled material loads to China this year, citing the country’s recent law that referenced an all-out “solid waste” import ban in the near future.
Shipping company MSC stopped accepting scrap cargo headed to China and Hong Kong as of June 1. | Fomin Roman/Shutterstock
A major shipping line will no longer accept recovered plastic and other scrap material shipments bound for Hong Kong, which remains a large market for U.S. exports.
Recycled material shipments out of the U.S. have been on the decline for multiple years due to overseas regulatory changes. | MAGNIFIER/Shutterstock
U.S. shipments of recycled plastic out of the country were down during the first quarter of 2020 compared with previous years, according to new export data.
Rolph Payet, executive secretary of the Basel, Rotterdam and Stockholm conventions, speaks at the Plastics Recycling Conference and Trade Show. | Plastics Recycling Conference/Brian Adams Photography
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.
Regulatory changes, and an overall sense of uncertainty, are playing into difficulty moving scrap materials abroad. | 28 November Studio/Shutterstock
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.
The U.S. in 2019 shipped 9.7 million pounds of recovered PET to South Korea. | Mariusz Bugno/Shutterstock
A large market for U.S. scrap plastic is planning measures to reduce PET imports and increase domestic recycling.
