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

By Steve Toloken
Staff Reporter / Asia Bureau Chief

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
Staff Reporter / Asia Bureau Chief

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

Plastics industry blasted for stance in green building debate

July 22, 2014 2:45 pm ET

The plastics industry has taken high-profile stance in the debate over green building standards. The result, today at least, is that it's getting...    More

Image

Plastics help designers bring home the gold

July 22, 2014 2:15 pm ET

Products with polymer content received multiple gold recognitions in the 2014 International Design Excellence Awards.    More

Image

Evolving with the times helps Ohio's Midwest Elastomers prosper

July 22, 2014 12:53 pm ET

Midwest Elastomers Inc. is 35 years old this year, and if the company hadn't abandoned its roots and evolved, it long ago could have gone the way of...    More

Image

Beer maker Carlsberg enlists suppliers for 'upcycling' project

July 22, 2014 11:14 am ET

Carlsberg Breweries A/S in Denmark has started an ambitious project with its suppliers to optimize its packaging for the purpose of “upcycling....    More

San Antonio launching curbside recycling of plastic bags

July 21, 2014 3:06 pm ET

Curbside plastic bag recycling is coming to one of the largest cities in the country.    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

More Events