According to the International Recycling Agency, China's overseas waste recycling rate will be greatly reduced, is expected to be less than half of the normal level after China's strict regulations on overseas waste.
BIR represents more than 70 countries in the recycling industry association, which indicates that China's ban on the pricing had a dramatic impact.
2018China's imports of plastic waste will fall
According to statistics, China and Hong Kong in 2016 plastic film waste imports of about 10.2 million tons, but by 2018 this figure will fall, the total will drop 30% to 40%, overseas suppliers will find alternative ways to deal with about 6 Million to 7 million tons of plastic waste.
In an industry meeting in mid-October, BIR said it had received reports from the China Society of Waste Plastics that Chinese government officials had confirmed that they would continue to issue import licenses in 2018. BIR said the permit would only allow exports to China to be fully environmentally friendly Regulations of the plastic.
In some countries, the value of certain materials fell sharply, while in China, the price of waste plastics soared by 20% to 30% due to a shortage.
China Waste Plastics Association executive president Huang Chuqi pointed out: recycling industry will be polarized
It is estimated that mainland China uses more than 8,000 tons of plastic materials each year, while local recycling accounts for 21 million tons and imports of waste plastics accounted for 7 million tons. According to this figure, the local recovery rate is only about 30% to China's labor costs and waste Plastic production capacity, China can significantly increase the domestic recycling.
China Waste Plastics Association executive president Huang Chuqi
The ban on imports of waste plastics in China is estimated to make 5% of the factory to focus on local recycling, generally there are systems and technology of large enterprises to be competent; 5% of the industry out of China to Southeast Asian countries set up factories or to Europe, The United States, Japan to 'source regeneration'. The remaining 80% of the line of personnel I am afraid to be forced to close the industry (that is, the company's business license set out the expiration of the period), there is no glory of the glorious retirement, and owed a lot of debt To liquidate bankruptcy.
China's most urgent recycling is the municipal government to collect waste plastics, household waste plastics and agricultural waste plastics, but this waste plastic recycling costs higher than the recovery after the sale price, there is no policy with no industry will go to recycling. China has so many factories and production capacity, if with the government policy, will make China's waste plastics recycling rate greatly improved.
The 'scrap' recycling industry will be polarized, re-shuffle, left behind is the big business, technology, system and capital abundant factory. Equipment factory is also the same fate, no scale or no skills of the factory also It was eliminated.