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

Recycling group releases shrink sleeve label guidelines

September 26, 2014 4:02 pm ET

A post-consumer plastics recycling trade group is out with a set of recommendations to help guide the packaging industry on the use of shrink sleeve...    More

Image

Chemical regulation policy update likely to remain in limbo

September 26, 2014 1:13 pm ET

Efforts to broker a deal on national chemical regulation policy appear to have fallen apart in the waning days of the 113th Congress, leaving...    More

Image

Cascade founder believes business can be a place for real change

September 25, 2014 11:06 am ET

Companies can make a difference in a person's life, and Fred Keller, founder of Cascade Engineering Inc., believes it is important that they do.    More

Image

Recycling rates continuing to climb for EPS used in transport packaging

September 25, 2014 11:28 am ET

Recycling of the expanded polystyrene used in transport packaging continues to rise, extending what has now been a years-long push even higher.    More

Image

PRE taking the first steps to increase PET tray recycling

September 25, 2014 10:33 am ET

A set of new guidelines covering design-for-recycling for PET trays has been published by Plastics Recyclers Europe (PRE), the Brussels-based trade bo...    More

Market Reports

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 industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

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

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

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