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BIR: China plastic scrap imports could 'nosedive'

China's imports of plastics recycling scrap are likely to "nosedive" to less than half of normal levels next year in the wake of Beijing's strict ban on overseas waste materials, according to the Brussels-based industry group the Bureau of International Recycling.


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With focus on Asia, FRX raises $12 million, plans IPO in Australia

Specialty chemicals firm FRX Polymers Inc. has secured $12 million in a round of financing led by an unidentified Chinese private equity fund, and plans an initial public offering next year in Australia where it hopes to raise more than $20 million.


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Groups unveil $150 million investment fund to fight plastic ocean pollution

The environmental group Ocean Conservancy and the plastics and consumer products industries unveiled plans Oct. 4 for a $150 million investment fund to target plastic marine litter in Southeast Asia, one of the world's hotspots for such pollution.


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China's ban prompts US recycling investment

China's ban on imports of recycled material is pushing more U.S. companies to invest in new recycling capacity.


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Taiwan exec donates $1 million to UMass Lowell 3D printing lab

The president of a small, high-end Taiwanese injection molder has donated $1 million to his alma mater, the University of Massachusetts at Lowell, for a 3D printing and rapid prototyping lab.


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ISRI urges China to revise plastic scrap import ban

One of the largest recycling trade groups in the United States wants China to revise its proposed ban on imported recycled scrap, saying it would significantly disrupt trade and do little to meet Beijing's goal of protecting the environment.


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Arkema to invest in new bio-based nylon production

French materials supplier Arkema SA is expanding its activities in Asia, with a number of key investments announced in the region, including at its Nansha, China facility.


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China plastic scrap ban reactions range from 'devastating' to an opportunity

China's July 18 announcement that it will ban imports of scrap plastics and other "foreign garbage" recyclables by the end of the year was met with quick criticism from global recycling groups, who described the move as "devastating" and "catastrophic."

But others in the industry saw potential positives.


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ISRI: China ban on scrap could start with plastics

A U.S. recycling trade association is raising new concerns about rumors that China may put in place either a ban or severe restrictions on imported recycled materials, with plastics possibly being the first target.


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Australian draft plan aims to reduce marine debris

The Australian Government has issued a draft threat abatement plan with strategies to reduce marine debris.


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