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.
Experts with the U.S. EPA say there are a number of potential outcomes from upcoming shifts in global rules governing scrap plastic shipments. Under one possibility, trade in scrap plastic will no longer be allowed between the U.S. and most other countries.
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
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.