Foreign Plastic Observation | New Developments in Recycled Plastics in Japan: Policy Leadership, Industry Transformation in Progress!

In December 2024, the price index of recycled plastic pellets in China was 767.5 points, up 1.6% year-on-year and 1.3% month on month

In daily life, PET bottle caps are everywhere, seemingly inconspicuous but playing a crucial role.

In the current global wave of environmental protection, a heavyweight news is like a giant stone thrown into the surface of the plastic industry - in 2025, Thailand and Indonesia will both wield the "sword of prohibition" and say "no" to imported waste plastics.

Plastic products are ubiquitous in daily life, but after being discarded, they have become a major concern for the earth. The world produces a massive amount of plastic waste every year, and China's situation is particularly prominent. However, the comprehensive utilization of waste plastic resources is flourishing, breaking the environmental barrier.

With the gradual advancement of the dual carbon target, the reduction of emissions that can be achieved through circular economy and plastic recycling products has become a key focus for enterprises. This not only affects recycling and regeneration enterprises, but also has an impact on brand enterprises and even upstream polymer companies.

Acrylonitrile Butadiene Styrene (ABS) is an amorphous impact resistant engineering plastic, which is polymerized from three monomers: acrylonitrile, butadiene, and styrene. Due to its excellent physical properties, it has become the preferred choice for structural component applications.

Recently, the European Parliament approved the final text of the Packaging and Packaging Waste Regulation (PPWR). This means that the legislative process for the new regulations is about to be completed.

TPE thermoplastic elastomer is a SEBS rubber modified material with rubber elasticity, which can be easily injection molded or extruded. The hardness range of the rubber material can be adjusted between ShoreA 0-100 degrees.

In November 2024, the price index of recycled plastic pellets in China was 757.5 points, a year-on-year decrease of 0.6% and a month on month decrease of 0.2%