The Vietnamese government has reiterated its plan to phase out scrap plastic imports altogether, noting all scrap plastic will be barred beginning in 2025.
The Vietnamese government has reiterated its plan to phase out scrap plastic imports altogether, noting all scrap plastic will be barred beginning in 2025.
After announcing stringent recovered paper import restrictions set to take effect this week, Indonesian officials changed course and postponed the rules indefinitely.
China’s scrap import restrictions and their rippling market effects pared recycling revenues for Waste Management and Waste Connections last year.
China has decreased purchases of old corrugated containers, which has caused domestic and export prices for the key fiber grade to fall.
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Recycling revenues fell last year for one major hauler, hampered by China’s import restrictions and low fiber prices. Meanwhile, the company opened what it calls a next-generation MRF in Texas.
In its first release of import permits for 2019, China’s environmental ministry approved a larger volume of recovered fiber than in any single release last year.
Southeast Asian countries are moving to constrain imports of recyclables, but some exporters are mislabeling scrap plastic shipments to get around the restrictions.
Governments across Southeast Asia continue to restrict recovered material imports. In the latest developments, Taiwan added plastic and paper restrictions, Vietnam rolled out new guidelines and Malaysia considered importing from certain countries only.
Year-end customs figures from the Chinese government quantify the country’s marked decrease in recyclable material purchases in the first year of new import restrictions.