The latest trend of China's plastics industry

Ning Hongtao, president of the Plastics Recycling Committee of China Plastics Processing Industry Association, said at the Chinaplas Green Forum 2014 that China is still the world's largest importer of waste plastics, and the amount of domestic waste plastics recycled and utilized is also Growing.
He said that the implementation of the hedge action last year caused the consumption of waste plastics to fall by 1 million tons, which was not much lower than expected. Although some senior companies have reduced their imports or transformed into other businesses, the number of new applications for waste plastics import licenses has gradually increased. China has more than 3,000 registered waste plastics import and processing enterprises.
At present, the total number of enterprises engaged in the processing of waste plastics in China exceeds 10,000.
Among the total amount of waste plastics recycled in China, the proportion of imports is not very high. According to the data compiled by the special committee, in the total amount of 24.9 million tons of recycled plastics in 2013, the import volume was 7.9 million tons, accounting for slightly more than 30%.


Jiuzhi Plastics Network


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