In the past two years, the global investment in recycled plastics has increased rapidly, and 90% of new investment is from China.
90% of global investment in recycled plastics comes from China
China's renewable market capacity will reach more than 6 million tons, China's global procurement of renewable materials, while exporting capital, equipment, technology, talent and market to the world.
The world's largest waste plastics market is transforming into the world's largest recycled plastics market.
According to the import data of the past years, China needs to import nearly 2 million tons of high-grade recycled PET bottles per year, about 5 million tons of recycled plastic pellets.
At present, the national level has confirmed the 'high-grade bottle tablets as a common commodity' management, but the lack of customs rapid inspection methods and attribute identification guidelines, or will lead to uncertainty in the customs clearance process.
Nowadays, there are many reclaimed granules at the main import ports that are inconsistent with 'three consistent' and are identified as solid waste. The main reason is that there are no industry standards for recycled granules, and there is no identification guide for attribute identification.
Some of the production enterprises that use imported waste plastics as raw materials belong to the 'scattered pollution' enterprise, and their pollution control capacity is low, and there is no pollution control facility.
After the ban, a large number of enterprises went abroad to find investment opportunities, but some unself-regulated enterprises copied the domestic operation model and exchanged their own economic interests at the cost of polluting the environment.
The chaos in the industry has gone from domestic to foreign. The constant deterioration of environmental quality and capacity exhaustion has led to serious civil-enterprise conflicts, which have affected the image of the industry and sustainable development.