CHINA PET MATERIALS MARKET FACES NEW IMPORT BAN THREAT

China’s recycled polyethylene terephthalate (PET) materials market is heading for another distortion with repercussions for apparel and footwear brands. While the likes of Adidas, Nike and Decathlon continue shifting from virgin fibre to recycled fibre to improve their environmental impact standings, China’s PET market is heading for another distortion, raising the spectre for supply bottlenecks and price increases.   A ban on all the import of all materials the Chinese ministry of ecology and environment classifies as “solid waste,” including ...


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