China's 'Green Fence' causes recycler to expand in U.S.

By Steve Toloken
News Editor / International

Published: May 31, 2013 1:50 pm ET
Updated: May 31, 2013 1:52 pm ET

Related to this story

Topics Sustainability, Recycling

China’s “Green Fence” crackdown on imported plastic scrap is changing the economics of exporting some material to China, according to U.S. recycler Intercontinental Export Import Inc., and pushing the firm to make a $6 million investment in new capacity in the United States.

China’s much tougher policies on importing plastic scrap and other materials, driven by what the government says is a desire to reduce pollution from poorly-run recycling operations, are making it economical to do more processing of materials in the United States before exporting, IEI said.

“With the improvement in process technologies in recycling scrap, it is now possible to add value in [a] cost effective way in the U.S. before exporting the feedstock,” said Saurabh Naik, CEO of Columbia, Md.-based IEI, in a statement.

The company said requests from key customers in China who wanted to reduce their problems with Chinese customs authorities when they import scrap materials prompted the American firm to invest more than $6 million in machinery in the last year.

The equipment includes machinery to process low-end scrap. The company said China’s tougher import policies on scrap would help boost jobs in the United States, although it provided no details for its operations.

IEI is part of the Naik Group of Industries, also based in Columbia. It has a recycling and processing facility in Ravenswood, W. Va., and said last year it was building a research center in Parkersburg, W. Va., but it did not identify where the $6 million in investment was made.


Comments

China's 'Green Fence' causes recycler to expand in U.S.

By Steve Toloken
News Editor / International

Published: May 31, 2013 1:50 pm ET
Updated: May 31, 2013 1:52 pm ET

Post Your Comments


Back to story


More stories

Image

Report: Brands are falling short on packaging sustainability

January 29, 2015 5:19 pm ET

Packaging in general, and plastic packaging in particular, has a long way to go in terms of recycling, according to a pair of environmental groups.    More

Image

Plastics help Volt hit new target

January 28, 2015 1:54 pm ET

The 2016 Volt, unveiled at the North American International Auto Show in Detroit in January, features a sportier exterior design — GM calls it...    More

Image

FPI joins curbside recycling group

January 28, 2015 11:47 am ET

Foodservice Packaging Institute is joining the board of the Curbside Value Partnership, a non-profit group that works to improve curbside recycling...    More

Image

Agricultural container recycling grows

January 28, 2015 11:42 am ET

Plastic pestitcide container recycling shot up by nearly 40 percent last year, according to new statistics from the Virginia Department of...    More

Image

PC used in academy roof retrofit

January 28, 2015 8:55 am ET

Polycarbonate sheet meets the demands of a “living roof” in a retrofit at the California Academy of Sciences in San Francisco.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events