Circulate Capital invested in Dalmia Polypro Industries, a plastic bottle recycling company based in Mumbai, India. | Courtesy of Circulate Capital.
The U.S. and Europe have had formal recycling infrastructure in place for decades. That’s not the case in India, where Circulate Capital just invested millions of dollars to boost infrastructure and reduce ocean plastics generation.
The Chinese government has been enacting restrictions over the past few years, with a full ban coming into effect Jan. 1, 2021. | Wangkun Jia/Shutterstock
The Chinese Ministry of Ecology and Environment last week announced details about the country’s upcoming ban on all materials it classifies as “solid waste,” including recovered fiber.
Vietnamese imports of U.S. mixed paper dropped to 74,000 short tons in 2018, then to 45,000 in 2019. | Domicile Media/Shutterstock
Vietnam, a relatively small market for U.S. mixed paper, will no longer allow imports of the material beginning in 2022. The restriction does not appear to affect OCC, which the U.S. ships to Vietnam in far greater quantities.
Officials in both China and Hong Kong have recently signaled stricter controls over the flow of recycled plastics into the region. | Barks/Shutterstock
Recycled plastic pellets are facing greater scrutiny upon import into China, international recycling stakeholders recently reported. Meanwhile, Hong Kong moved to incorporate upcoming global regulatory changes in the plastic waste trade into its domestic legal framework. Continue Reading
Interpol found that plastic waste fires, both accidental and deliberate, have increased since Chinese import restrictions took hold. | MOHAMED ABDULRAHEEM/Shutterstock
Improper management of scrap plastics in Southeast Asia and elsewhere has increased sharply in the wake of China’s National Sword policy, according to international law enforcement body Interpol.
Despite the upcoming ban, the Chinese government continues to approve permits for more recovered paper to enter the country. | hxdbzxy/Shutterstock
Another major container ship operator says it’s ending scrap shipments to China as that country prepares to widen its prohibition on imports of recovered material. Meanwhile, insurance providers recently analyzed the Chinese policy and its ramifications for shipping lines.
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.