US waste plastics industry is on the verge of collapse | Chinese companies | 'Snow in the charcoal'

In the case of some of the recyclable plastics industry investors 'Dongdu' and 'Lower Nanyang', when they encountered obstacles, some of the waste plastics people had already turned their eyes to the United States on the other side of the ocean.

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 this year's ban, the US's exports of waste plastics to China have plummeted this year. According to some data, from January to August this year, the amount of waste plastics exported by the United States fell by nearly 93%. At the same time, the price of these waste plastics also plummeted. The local waste plastics recycling and export enterprises said that 'every treatment Tons are 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 are also 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. Most of these investors come from Chinese plastics manufacturers. Subsidiary or supplier 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 originally 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. Granules. 'They will buy every pound of plastic pellets we produce.' Song Lin said.

With the sudden decline in the export volume of waste plastics in the United States, it is not uncommon for a supplier such as Song Lin to be a supplier of recycled plastic pellets in the United States for many years as a supplier or a subsidiary of some manufacturing companies. For example, Song Lin At least two former customers have set up waste plastics processing plants in Georgia or elsewhere like him.

The US waste plastics industry is on the brink of collapse. Chinese companies 'snow in the snow'

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 not the same as the domestic ones.

Chinese companies have pulled a waste plastics industry in the United States, and they have also brought a glimmer of light to companies with scarce domestic raw materials. But we must also note that in areas where the US regulations are more stringent than those in Southeast Asia, investors are required to keep regulations. We must not repeat the mistakes made in Southeast Asia; on the other hand, we must also remember that the handling of raw materials must be standardized, and we must not send the unqualified 'foreign garbage' to the country.