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

Corbion Purac collaboration taking bioplastics into even more uses

October 17, 2014 6:00 am ET

Corbion Purac NV's collaboration with Taiwan-headquartered compounder Supla Co. Ltd. and Taiwan electronics producer Kuender & Co. is paying...    More

Image

Metabolix closing Germany operations

October 16, 2014 2:28 pm ET

Bioplastics maker Metabolix Inc. will end business operations in Germany at the end of 2014, according to documents the company filed with the U.S....    More

Image

New Amcor, Method project taking sustainability to a platinum level

October 16, 2014 11:28 am ET

Amcor Rigid Plastics will have a bottle production operation within a factory which is aiming to be the world's first LEED platinum certified...    More

Image

Tetra Pak ready to begin making first all plant-based package

October 16, 2014 9:33 am ET

Packaging giant Tetra Pak is rolling out what it said will be the industry's first carton made entirely from plant-based, renewable packaging...    More

Image

Post-consumer plastic recycling rates continue strong growth

October 15, 2014 9:18 am ET

Post-consumer plastic bottle recycling tonnage increased by another 4.3 percent last year, continuing what is now a growth spurt that's lasted more th...    More

Market Reports

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

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