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.
With newly announced process, Chinese importers can apply for tariff exemptions beginning this week. | Sumrit Tesrumphun/Shutterstock
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.
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.
So far this year China has approved 3.5 million short tons of recovered fiber for import. | luca pbl/Shutterstock
China recently issued its third round of recovered fiber import permits for 2020, and the volume being allowed in this round is far less than what was approved previously.
U.S. recovered fiber exports fell by roughly 3 million tons from 2018 to 2019. | StockStudio Aerials/Shutterstock
In 2019, recovered fiber exports from the United States experienced their largest year-over-year decline on record. U.S. scrap plastic exports also continued a substantial fall.
This story originally appeared in the January 2016 issue of Resource Recycling.
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