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US Waste Plastics Industry Is On The Verge Of Collapse - Technology Market - Nairaland

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US Waste Plastics Industry Is On The Verge Of Collapse by allenguo: 11:51am On Jan 07, 2019
When some of the recyclable plastics industry investors "Dongdu" and "Lower Nanyang" encountered obstacles, some of the waste plastics people had already turned their eyes to the United States on the other side of the ocean.[url]Plastic recycling machine[/url]http://www.recycle-plant.com/pp-pe-film-recycling-and-pelletizing-machine

As the world's largest consumer of waste plastics, China has been the largest waste plastics destination in the United States for the past two decades. However, with the implementation of the ban on this year, the US exports of waste plastics to China have plummeted this year. Some data show that from January to August this year, the amount of waste plastics exported by the United States to China fell by nearly 93%. At the same time, the price of these waste plastics plummeted. The local waste plastics recycling and exporting companies said that “every ton of processing is losing money”. While the waste plastics recycling and export industry in the United States has been hit hard, domestic companies that rely on these principles for production have also been caught in a crisis of having to cut production or even shut down due to shortage of raw materials.

However, everything seems to have changed recently. According to recent reports from the US media, due to the significant slowdown in China’s waste plastics exports since the beginning of this year, the US waste plastics recycling industry is nearing collapse, and the ban on bans has made it global. The price of waste plastics has plummeted, and there has been a large amount of cheap waste plastics in the United States, which has attracted the attention of investors who are well versed in the logistics and regulatory issues of exporting to China. These investors are mostly from Chinese plastics manufacturers. Subsidiaries or suppliers of raw materials for large Chinese customers.

Song Lin, who has been a waste plastics agent in the United States for a long time in the United States, said: "After stopping the import of plastic waste in China, plastic waste is now everywhere." He plans to set up a factory in Georgia to use the United States. Local cheap raw materials can be exported to China's recycled plastic pellets. He has already bought an old warehouse in Georgia that was used to store frozen food. He plans to start cleaning production equipment in the near future. It is expected to produce 20,000 tons of recycled pellets per year. .

For the source of these raw materials, Song Lin said that most of the raw materials come from some automobile manufacturers, waste plastics retailers and farms. For export, he said that he plans to export plastics from a Savannah port in Georgia to a Chinese plastic pipe manufacturer. Particles. "They will buy every pound of plastic pellets we produce," Song Lin said.

With the sharp decline in the export volume of waste plastics in the United States, it is not uncommon for a supplier such as Song Lin, a supplier in the United States for many years, or a subsidiary of some manufacturing companies to become a recycled plastic pellet processing plant in the United States, such as Song Lin. At least two former customers have established waste plastics processing plants in Georgia or elsewhere like him.

The activities of investors have pulled the US waste plastics recycling industry on the verge of collapse. At the same time, the shortage of domestic raw materials has been alleviated, especially when the waste plastics industry in Southeast Asia is undergoing major rectification. When the raw material gap is larger. The activities of these investors are tantamount to the United States and the domestic market.

Chinese companies have pulled a handful of waste plastics in the United States, and they have also brought a glimmer of hope to companies with scarce domestic raw materials. However, we must also note that in areas where the US regulations are more stringent than those in Southeast Asia, investors need to keep regulations and must not repeat the mistakes in Southeast Asia. On the other hand, we must also remember that the processing of raw materials must be standardized. In place, it is forbidden to send unqualified “foreign garbage” to the country.

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