Waste plastics enterprises should accelerate transformation and upgrading


People should be familiar with the hazards of waste plastics. Especially with respect to difficult-to-degrade plastic products, the serious environmental impacts on water, soil, and the atmosphere caused by the waste plastics have aroused great attention in recent years.


Someone may ask that whether more and more people are aware of the environmental impact of throwing plastic products. However, there is no easy way to recycle and reuse. Why?


According to industry experts, the recycling rate of used plastics is less than 30%. The fundamental reason for this is intricate and complex. For example, the renewable resources recovery network lacks specialization and scale, and the organization and management still need to be strengthened. The waste plastics recycling standards such as EPS recycling lack uniformity and the local differences are more obvious. The overall level of recycling of waste plastics is low, and environmental protection equipment is not required to be updated.


Fortunately, the current national policy has significantly increased support for the recycled plastics market, and reached a small peak after the foreign garbage ban was issued. The significant decrease in the import volume of plastic waste is a good opportunity to force the development of domestic waste plastics recycling and recycling industries, and lays the foundation for reshaping the order in the recycled plastics market.


In turn, this also means that the recycled plastics industry is expected to fully enter the reshuffle period and eliminate backward production capacity through survival of the fittest. Increased industrial competition will stimulate renewable plastics companies to speed up technological innovation and operational model innovation, which will help form a diversified recycling system, and open up the middle and lower reaches of the industrial chain.

Of course, the opportunities are always reserved for the companies that have prepared themselves. Under the dual pressure of “cracking down on imports” and “environmental protection”, the waste plastics industry practitioners are facing unprecedented challenges. The future of waste plastics recycling companies must meet the urgent needs of transformation and upgrading.