Lead: Due to the shortage of raw materials caused by the “restriction of wasteâ€, Chinese companies began to purchase or set up factories in the United States to manufacture paper, pulp and plastic pellets for the production of corrugated boxes.
Wall Street Journal: Chinese companies set up factories in the United States to seek excess cheap recycled materials
According to the US "Wall Street Journal" website reported on October 27, since China began to implement stricter import waste purity standards this year, the United States has reduced the export of old cartons, newspapers and waste plastics to China. This change has caused Chinese packaging companies and plastics manufacturers to face shortages of raw materials.
According to reports, some of these companies have begun to buy or set up factories in the United States to make paper, pulp and plastic pellets for the production of corrugated boxes. Some companies, including China's largest papermakers, are looking for excess cheap recycled materials in the United States.
Song Lin, who has been a plastics waste broker in the United States for a long time, said: "After China stopped importing plastic waste products, plastic waste products are now everywhere." Song Lin is preparing to open a factory in Georgia, which can be exported to China with waste plastics. Plastic pellets.
China increased the purchase of imported paper, and the export volume of US cardboard paper increased
In the first few months of the deadline for the issuance of waste, US waste companies were not good. It has been reported that the large-scale US waste disposal enterprises that have been relying on the export of waste products to China for many years are facing difficulties due to the introduction of the Chinese garbage import ban. These companies say that the disappearance of China's largest foreign market business has dragged down their profits.
However, the Wall Street Journal said that Chinese companies have successively purchased or set up factories in the United States, which will boost the US waste recycling industry. At present, the investment in the US waste recycling industry is mainly a branch of China's plastics manufacturing and papermaking enterprises, or a company that supplies a large number of Chinese customers.
that's the truth. In recent months, a subsidiary of China Nine Dragons Paper (Holdings) Co., Ltd. has invested US$175 million to acquire two pulp and paper mills from Catalyst Paper. In addition, Nine Dragons acquired a pulp mill in Fairmont, West Virginia for $55 million, and this month also acquired a pulp mill in Old Town, Maine. The pulp mill has been idle since 2015 and is expected to resume production early next year.
Restarting an idle factory can reinvigorate the demand for recycled paper products in the United States. China has already purchased more finished paper from US paper mills, especially a “kraftboard paperboard†that is usually made from wood pulp and used to make corrugated boxes. US Rui Silin Paper Products Consulting said that from January to August this year, the export volume of US kraftliner paper increased by 36% year-on-year.
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