Three Companies, total 1,270-tons of plastic recycling got approved in the fourth quota.
Three Companies, total 1,270-tons of plastic recycling got approved in the fourth quota. Including PE and PET (Non-bottles).
There are four trends we can predict in the plastic recycling industries all over the world.
1. With price falling or remaining low price for the recycling, and price rise of resins. Developed counties will have more reprocess companies.
2. Southeast Asian countries will take over many rejected materials by China, and grow its own recycling reprocess power in a short of time. While the tougher regulation will follow.
3. More awareness of environment cost will arise in every country and will be the responsibility of the society, shouldn't throw away to other regions as past.
4.With more investment from government and technology advance in the recycling industry, more waste can be recycled with less cost to the environment.
ChinaReplas will hold a conference to address this issue in April and September. Hope to promote more updated technologies, more importantly, to rebuild the network between newcomers to the end-user in China, for the old network has been shaken and disrupted by Chinese import Ban.
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