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“The vendors in the global corrugated pallets market will invest significantly in the development of new pallets by adopting various new technologies, such as equipment tracking and enhancing their production capacity. In addition, vendors are also offering corrugated pallet pooling services on a large scale for their customers,” says Sharan Raj, a lead warehouse and storage research analyst from Technavio.
new on video
Container Exchanger has been finding new homes for used reusables for over 12 years. It posted some videos this month, including this one.
Loadhog's pallet lid animation.
Since being posted on June 18, this video has been viewed over 51,000 times.
China’s plastic waste ban may force FMCG firms to cut downstream packaging waste
China’s decision to stop importing recyclable plastic waste in January 2018 has left the world with little choice but to landfill recyclables for which no market now exists. The move, which is part of an initiative by China to focus on its own domestically-produced waste, is a wake-up call to the global recycling industry and may force FMCG companies to change their approach towards waste, and make downstream packaging waste a key issue and a major point-of-difference, says leading data and analytics company GlobalData.
Prior to the ban, China was taking in over seven million tons of scrap plastic each year from Europe, the US and other parts of Asia, including Japan. Recyclers in China use it to produce pellets as raw material for everything from office furniture to fiber-optic cables.
However, since the importation ban, waste plastic is stacking up globally as the supply far exceeds the demand. Developing markets like Vietnam and Malaysia have picked up some of the slack from China post-ban but the industry consensus is that tighter regulations and increased taxes will prevent Southeast Asia from helping to maintain the status quo for plastic waste.
Read more at PackagingRevolution.net.
exporting the waste plastic problem to China may be over, the only way out may be to stop creating so much plastic waste in the first place. If so, FMCG companies may soon find themselves on the front lines of the issue.