Google
 

The road to hell is paved with.... unrecycled garbage, gathered out of good intentions?

'...Then came the slump, decimating the Chinese recycling industry and leaving Britain, the US and others grappling with growing volumes of recycled waste and nowhere to send it.
..."Until about eight weeks ago, for example, the entire [US] west coast paper market was sent to China and most of it was sent south. It was processed and made into packaging for products that then shipped back to the US ... But when US consumer demand dropped off, that broke the cycle."
Across the scrap trade, prices have halved or worse in a matter of months.
...There is no longer demand for plastic granules from nearby companies such as Hongkai Plastic Products, which made items such as bicycle handlebars. Its owner, Mr Zheng, has sent 20 workers home. "My factory was hit by the economic crisis - it's been closed for two months already," he said. "We usually sell our products to a dealer and most of his business is exports. He didn't give us any more orders."
At a factory down the road, the response to queries was more brusque. "We've already gone bust," said a man, and hung up." link

No comments: