China's plastics waste ban to inevitably boost polyester feedstocks demand, concerns growing

摘要

SINGAPORE (ICIS)--China’s ban on imported plastics waste could not only boost demand for virgin material significantly but also polyester feedstocks paraxylene (PX), purified terephthalate acid (PTA) and monoethylene glycol (MEG). The country’s imports of plastic scrap peaked in 2016 at about 8m tonnes, accounting for almost half of plastics waste trade globally. Polyethylene (PE) and polyethylene terephthalate (PET) accounted for more than half of the total volume at about 2.5m tonnes, Citi said in the report titled “Rethinking single-use plastics: Responding to a sea change in consumer behaviour”.