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.
From January through May 2020, China imported 1.9 million short tons of recovered fiber from the U.S.. | Avigator Fortuner/Shutterstock
The Chinese government continues to indicate it will eliminate “solid waste” imports, restating the plan during a recent press conference. At the same time, the country has approved additional shipments of recovered paper.
Hapag-Lloyd announced that it will not accept “solid waste” cargo that would arrive in China after Sept. 1. | Solarisys/Shutterstock
Shipping company Hapag-Lloyd announced it will stop taking recycled fiber and other scrap 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.
Once operational, the Empire Recycled Fiber mill will produce 440,000 tons per year of recycled paper pulp. | Luis M. Seco/Shutterstock
A $125 million recycled paper pulp mill in Pennsylvania will source more than 500,000 tons per year of mixed paper and OCC. The facility will ship its product to China.
Shipping company MSC stopped accepting scrap cargo headed to China as of June 1. | Fomin Roman/Shutterstock
A major shipping line will no longer accept recovered fiber and other scrap material exports bound for China, in anticipation of the country completely closing the door to those commodities.
The Alliance to End Plastic Waste announced earlier this month it would be supporting a female-led plastics recycling plant in Ghana. | Courtesy of ASASE Foundation.
The Alliance to End Plastic Waste is currently working to implement more than a dozen initiatives worldwide. The group’s leader recently explained key details, as well as how COVID-19 has impacted progress.
For now, the world’s most populous country continues to approve import licenses for recovered fiber. | peresanz/Shutterstock
China last week enshrined in law its intent to eliminate “solid waste” imports. Even so, the government continues to approve more imports of recovered fiber.
Circulate Capital announced $6 million in funding to recycling companies to prevent marine debris. | Igor Batenev/Shutterstock
Circulate Capital invested $6 million in plastics recycling companies in India and Indonesia, the brand-backed firm’s first outlay designed to prevent marine plastics.
The U.S. in 2019 shipped 192,000 short tons of mixed paper to South Korea. | Mariusz Bugno/Shutterstock
A large buyer of U.S. scrap paper and plastic is planning measures to reduce imports and increase domestic recycling of those materials.
During recent earnings calls, a number of fiber company executives touched on pricing trends they are seeing around OCC and other grades.
One major U.S. mill operator is actively shipping recycled paper pulp to China, and another is installing equipment to bring in lower grades of paper feedstock. Those were a few takeaways from recent earnings calls from publicly traded paper firms.