To keep up with the top export destinations for U.S.-sourced recyclables, Resource Recycling examined the latest shipping data from the U.S. Department of Commerce.
To keep up with the top export destinations for U.S.-sourced recyclables, Resource Recycling examined the latest shipping data from the U.S. Department of Commerce.
This story has been updated.
The Chinese government plans to levy a 25 percent tariff on U.S. shipments of OCC and other recovered fiber, as well as scrap plastic, in retaliation for the latest U.S. tariff proposals.
Casella Waste Systems and Advanced Disposal each saw recycling revenues fall over 40 percent in the second quarter, financial filings show.
Export market shifts are slashing into recycling revenues for Waste Management and others, with poor fiber prices cutting one company’s recycling revenues in half.
The Malaysian and Vietnamese governments have followed through on plans to clamp down on recycled material shipments. Both countries have stopped issuing new import permits for certain materials.
The largest paper companies in China have announced temporary closures due to recovered fiber shortages, and Southeast Asian governments are taking steps to stem the skyrocketing volume of recyclables they’ve imported this year.
The Chinese government has released a proposal to completely ban imports of recovered fiber and every other form of “solid waste.”
Import duties have taken effect on machinery, components and billions of dollars of additional products shipped to the U.S. from China.
Continue Reading
The Chinese government has announced key policies in recent weeks, including a plan to ban all recovered material imports by 2020. In the U.S., Waste Management offered details on the impact of National Sword thus far.
