The halt on China's imports of wastepaper and plastic that has disrupted U.S. recycling programs has also spurred investment in American plants that process recyclables.
The halt on China's imports of wastepaper and plastic that has disrupted U.S. recycling programs has also spurred investment in American plants that process recyclables.
China, which had long been the world's largest destination for paper, plastic and other recyclables, phased in import restrictions in January 2018. "The paper industry has been in contraction since the early 2000s," Boland said."To see this kind of change is frankly amazing. Even though it's a Chinese-owned company, it's creating U.S. jobs and revitalizing communities like Old Town, Maine, where the old mill was shuttered."
Chinese companies are investing in plastic and scrap metal recycling plants in Georgia, Indiana and North Carolina to make feedstocks for manufacturers in China, he said. Now that is changing, though he said far more domestic processing capacity will be needed as a growing number of countries restrict scrap imports.
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