The hottest waste plastic industry in the United S

The waste plastic industry in the United States is on the verge of collapse, and Chinese enterprises are "providing help in the snow"

when some investors in the renewable plastic industry "go east" and "go to Nanyang" encounter difficulties, some waste plastic people have turned their eyes to the United States on the other side of the ocean

as the largest consumer of waste plastics in the world, China has been the largest destination of waste plastics in the United States in the past two decades. However, with the implementation of the waste ban this year, the export of waste plastics from the United States to China has plummeted this year. According to some data, the amount of waste plastics exported by the United States to China fell by nearly 93% from January to August this year. At the same time, the prices of these waste plastics also plummeted. Local waste plastics recycling and export enterprises said that "every ton of waste plastics is losing money". While the waste plastic recycling and export industries in the United States have suffered a heavy blow, domestic enterprises that rely on these principles for production have also fallen into the crisis of having to reduce production or even close down due to the shortage of raw materials

however, everything seems to have changed recently. According to recent US media reports, due to the sharp slowdown in waste plastic exports to China since the beginning of this year, the waste plastic recycling industry in the United States is close to collapse. In addition, the ban on waste has caused the price of waste plastics to plummet worldwide, and a large number of cheap waste plastics have appeared in the United States, This has just attracted the attention of some investors who are familiar with how to deal with the logistics and regulatory issues of exports to China. Most of these investors are from subsidiaries of Chinese plastic production enterprises or suppliers of raw materials for major Chinese customers

Song Lin, who has been making waste plastics in the United States for a long time and has been a plastic waste broker in the United States for a long time, said: "after China stopped importing plastic waste, now there are plastic waste everywhere." He plans to set up a factory in Georgia to produce recycled plastic particles that can be exported to China using cheap local materials in the United States. He has 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, and is expected to produce 20000 tons of recycled particles every year

as for the sources of these raw materials in the entry quarantine work of the relevant departments, Song Lin said that most of the raw materials came from some automobile manufacturers, waste plastic retailers and farms; As for export, he said that he would plan to export plastic particles from Savannah port, Georgia to a plastic pipe manufacturer in China. "They will buy every pound of plastic particles we produce." Song Lin said

with the sharp decline in the export of waste plastics in the United States, it is not uncommon for a supplier like Songlin who has been in the United States for many years or a subsidiary of some production enterprises to become a recycled plastic particle processing plant in the United States. For example, Songlin has at least two former customers who have set up waste plastic processing plants in Georgia or other places like him

the waste plastic industry in the United States is on the verge of collapse, and the activities of Chinese enterprises have helped the waste plastic recycling industry in the United States, which is walking on the brink of collapse. At the same time, the shortage of domestic raw materials has been eased a little. We know how difficult it is to solve this, especially now when the waste plastic industry in Southeast Asia is undergoing major rectification, and the domestic raw material gap is even greater. The activities of these investors are no different from providing timely help to the United States and China

Chinese enterprises pull 4 The dynamic exchange of lengths, power units and display digits has not only created a waste plastic industry in the United States, but also brought a glimmer of light to domestic enterprises in short supply of raw materials. However, we should also note that in the United States, where the regulations are more stringent than those in Southeast Asia, investors need to abide by the regulations and must not repeat the mistakes in Southeast Asia; On the other hand, we should also remember that the treatment of raw materials must be standardized in place, and we must not send substandard "foreign garbage" to the country