The recent news headlines have been filled with stories about China’s ban on plastic waste, and it’s clear that this decision has reshaped the recyclable material market and the waste management industry in the UK. While many believed the ambiguity surrounding Brexit would significantly challenge the industry, the changes in China’s recycling policies have had an even greater impact.
Local councils and waste collection firms have felt the repercussions of China’s decision to restrict imports of mixed paper and certain types of plastics. The shift has not only affected how the UK processes its recyclable materials, but it’s also increased the recycling costs for councils by approximately £500,000 on average in the past year.
How has China’s Plastic Waste Ban Affected the UK?
The sudden hike in recycling costs is primarily due to the escalating expenses associated with processing recycled materials. The recyclable material market is a global one, and China’s restrictions have led to a significant drop in commodity prices. The Local Government Association (LGA) reveals that the fees charged to councils for processing materials collected from kerbside collection have surged by around 50% over the last year.
Will Commercial Recycling Costs Increase?
This surge in processing costs also has implications for small businesses, with waste collection costs expected to rise. At Unyfi, we suggest a proactive approach – review your waste collection costs now.
By doing so, you can ensure your business is financially prepared, regardless of the economic fluctuations over the coming year. To assist you in managing your waste collection costs, we offer a free no-obligation assessment. Make sure your business navigates the impact of China’s ban on plastic waste effectively and sustainably.