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.
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.
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 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.
The Chinese government will consider exempting tariffs on OCC and other recovered fiber on a company-by-company basis. Meanwhile, a tariff on U.S. recycled paper pulp shipments into China has been lifted for one year.
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.