The market impacts of National Sword 2017, China’s sweeping crackdown on imports, are beginning to come into focus. Their General Administration of Customs is focusing their efforts on catching smugglers, who face jail time as well as tax evasion charges. It’s critical to keep a few things in mind when preparing shipments bound for China.…
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Changing Plastics Recycling Through Polymer Innovation
Plastic is the primary material used in packaging consumer goods worldwide, but only 14% of that plastic is recycled, and even less is recycled for similar purposes. This is a missed opportunity of an estimated $80-120 billion in potential revenue, according to a new report released by the Ellen MacArthur Foundation. When a chemical breakthrough…
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National Sword Update
China is three weeks into their recent crackdown on scrap material imports known in English as “National Sword 2017”. Through this effort, China has exposed smuggling operations which has led to dozens of arrests. In addition, China has confiscated more than 22,000 tons of material. National Sword 2017 is being viewed as an updated version…
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