Skip to main content

Plastic scrap: ‘alternative markets will need to be explored’

Global – China’s clampdown on plastic waste imports is ‘disheartening news’ for US exporters as their shipments to that destination had been on a rising curve, according to the latest weekly market report from the US Institute of Scrap Recycling Industries (ISRI).

Comparing month-to-month volumes for the year to May, Chinese imports of polyethylene scrap have dropped by approximately 50% since March. India, Vietnam and Taiwan recorded the largest growth in consumption over this period. ‘For PET exports, China’s recent demand declines appeared to track ton-for-ton with Hong Kong’s demand increases,’ the ISRI publication points out.

‘Since quality upgrades may not circumvent the import bans that the Chinese government plans to implement, alternative markets and vertical supply chain expansion will need to be explored,’ the report continues. ‘From an established consumption capacity perspective, there isn’t a single market that can provide an alternative to China.’ Vertical supply chain expansion would involve ‘the adoption of more advanced sorting, cleaning and processing equipment to produce a more refined product that would also be more appealing to domestic consumers’, it adds.

While new consumption markets appear to be generally ‘polymer specific’, Mexico and Malaysia have been ‘notable growth markets for 1-7 plastic scrap’, according to ISRI.

Would you like to share any interesting developments or article ideas with us? Don't hesitate to contact us.

You might find this interesting too

Mother Nature tackles plastic waste
Deal offers scope for better PS recycling

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €136 (normal rate is €170) Subscribe
Share your shear stories and win a GoPro!

It’s safe to say that scrap shears are the pillars of the recycling industry. But which configurations are the future? Take part in our tech survey and get a shot at winning a cool GoPro camera!

Thousands of scrap shears are driving recycling businesses all over the world. When it comes to different types, an operator may opt for maximum tonnage or flexibility, such as a mobile set-up. An integrated baling system is also gaining popularity. Ultimately, there is no wrong or right shear; it comes down to how you’re going to use it.

Our survey is meant to map the wants and needs of today’s dynamic recycling industry. Voice your opinion here and, who knows, you may be able to capture your recycling facility in action in HD.