European recyclers consider opening new markets, like India


Europe’s plastic recycling industry is too dependent on China as a market and should work to open up scrap exports to places like India, the Middle East and Africa, according to the head of one of Europe’s plastics recycling trade groups.

China and Hong Kong together took 90 percent of Europe’s 3.3 million metric tons of scrap plastics exports in 2009, leading to a dependency that’s a “serious” problem for European recyclers, said Surendra Borad, chairman of the plastics committee of the Brussels-based industry trade...
Read more