"The market is still hungry, very hungry," she said.
Estimates from the China's government provided by Chinese recyclers show that imports of both recycled polyethylene and polypropylene scrap are likely to drop by almost 50 percent for the five months from August to December, compared with the same period in 2016.
Chinese scrap PE imports, for example, are expected to fall from about 1.5 billion pounds to 880 million pounds in the five-month period.
Any Chinese cutbacks are felt globally, with industry statistics showing that China has generally consumed about half of the global trade in recycled plastics over the last decade.
While China is restricting imports of mostly unprocessed scrap, industry officials said it's not limiting imports of recycled materials that have been turned back into resin pellets, as companies like Parc and GDB plan to manufacture.
The Chinese ban has reinforced to the waste management firm Recology that the global market is shifting.
"It makes us feel that it's getting more and more important to try to recycle in the United States," said Jesse Chu, a senior plastics engineering technologist attending the Erema open house.
"We haven't made any decision to finalize yet," Chu said. "But we have been doing trials with quite a few companies. We are looking at how we can make pellets usable by the final customer."
Even with the China ban stimulating interest in more U.S. capacity, plastics recycling executives said it's far from a slam dunk.
Bagaria peppered Erema officials with questions about the economic picture, noting the large investments underway in virgin plastics capacity in the United States fed by low-cost shale gas feedstock.
"The virgin petrochemical industry is setting up plant after plant after plant because of the shale gas," he said.
Still, he and Xuan said the saving grace for investment in recycling now is that China's restrictions have pushed prices of recycled scrap very low in the United States.
Others at the Erema event agreed the recycling sector was being challenged by low virgin material prices.
"We have a fundamental problem, there's no question about that," said Martin Baumann, vice president of sales for North America for Erema. "The recycling industry is very much challenged because virgin resin is too damn cheap."
The Chinese government ban is hitting the industry worldwide.
Xuan said the restrictions have been a "continuous catastrophic disaster" for many Chinese recyclers.
Recyclers in Europe are echoing those in the United States, saying that China's slowdown on imports has thrown the markets into turmoil and left Europe awash in materials it cannot recycle.
"The market is oversupplied with low qualities of plastics waste due to China's restrictions on imports," said Ton Emans, president of the Brussels-based Plastics Recyclers Europe association, in a Sept. 25 statement.
"These low qualities used to be exported as a cheap end-of-life solution for badly collected and sorted waste," he said.
PRE said Europe needs to focus on improving its own design for recycling, collection and sorting, to build a "sustainable waste market in Europe" rather than relying on exports to China to handle lower quality plastics.
"Lack of vision of the value chain over the last few years has now resulted in the EU being unable to treat these new quantities overnight," PRE said. "Nevertheless, industry, policy makers and society must now urgently bring a common solution to the table."