Since the implementation of China’s ban on waste imports, Malaysia has become the largest destination for the United States' scrap plastic exports in Asia. Now, scrap plastic shipments to Malaysia will be subject to new regulations.
Resource Recycling reports that due to its influx of imports, the country is now following through on its promises to get a handle on the material that comes in.
Resource Recycling has more details:
Scrap plastic shipments to Malaysia will be subject to new restrictions in the coming weeks, as the country follows through on vows to get a handle on skyrocketing imports.
However, it remains unclear exactly what impact the move will make. One Asia-based industry professional said the proposed tax is too low to affect the decision-making of those moving material into the country. At the same time, a non-governmental organization in the country is pushing for a complete ban on imports of recovered plastic material.
The Malaysian Ministry of Housing and Local Government announced the tax plan late last month. The government agency said it will add a levy of 15 ringgits (about $3.62) per metric ton.