THE FINANCIAL TIMES
As for the traders, while many have gone bankrupt or left the industry, a few have Capitalised on the change. One of these is Max Craipeau, The Hong Kong Based trader who has shifted his focus to selling plastic pellets – which are not covered by the waste ban – back into china.
Supplying China’s Missing Tonnages
Rennes.-Le 17 Juillet 2017, quand la Chine annonce sa decision d’interdire. l’import de déchets plastiques sous six mois, les principaux groupes internationaux….
How do businesses survive China’s scrap import ban?
The answer, for plastics scrap recycler and trader Max Craipeau at least, can be found in Indonesia. Max Craipeau has recently opened a facility for the production of plastic granules on East Java.