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Written by: Golden Chess
2019-12-10 22:52
Last updated: 2019-12-10 22:52The amount of waste paper in Hong Kong has continued to increase, but the volume of recycled paper has continued to fall. The price of waste paper recycling has continued to slump. The Environmental Protection Agency intends to launch a waste paper recycling service plan, hiring contractors to purchase front-line recyclers or scavengers for waste paper that meets the standards for at least HK $ 1 a kilogram, and then export it to the Mainland or other regions.
The Department briefed the industry today (10th), emphasizing that the plan was approved on a volume basis and there was no limit on the number of contractors approved. Industry insiders also estimate that the plan will be tendered after the New Year next year and implemented before June.
The waste paper price continues to be sluggish. The government proposes to hire a contractor to purchase waste paper that meets the standards for frontline recyclers or scavengers at a price of at least 1 Hong Kong dollar per kilogram. (Profile picture / Photo by Lin Ruoqin)
Briefing session held today Contractors need to handle waste paper at the level of export destination
The Environmental Protection Department today (10th) organized a "Waste Paper Recycling Service and Import Control Measures Briefing Session" to explain the details of the proposed waste paper recycling service plan to the waste paper recycling industry. The agency stated that in recent years, the market price of waste paper has fluctuated significantly due to different factors. The downward trend in the price of waste paper has reduced the incentives for recycling waste paper and affected the amount of recycling. In addition, the Mainland, the main exporter of waste paper in Hong Kong, has implemented stricter controls on imported recycled materials in recent years, which has greatly increased the importance of source classification and quality management.
Therefore, the Department plans to launch a waste paper recycling service plan, hire contractors to provide local waste paper recycling, treatment and export services, and provide economic incentives to the waste paper recycling market. The Department stated that the contract will be awarded through public bidding. At the meeting, the Department emphasized to the industry that the plan was to award contracts in volume, and there was no upper limit on the number of contractors awarded. The contractor's responsibility is to collect and dispose of waste paper. It must purchase waste paper that meets the requirements of frontline recyclers or scavengers at a recommended recycling price of at least HK $ 1 per kilogram. It must also handle waste paper to meet the import requirements of the place of export.
Liu Yaocheng, president of the Hong Kong General Chamber of Environmental Protection Recycling Industry, believes that the waste paper recycling service plan launched by the Environmental Protection Agency has helped the industry a lot. (Profile picture / Photo by Liu Yaocheng)
Pay service fee based on the amount of waste paper exported and the place of export
In addition, the contractor must also export the waste paper to the Mainland or other regions. The EPA will pay a service fee based on the number of tons of waste paper exported each month and the place of export, and the revenue from the sale of the waste paper belongs to the contractor.
Liu Yaocheng, chairman of the Hong Kong General Chamber of Commerce for Environmental Recycling and Recycling Industry, also attended the briefing today. He pointed out that the department had no public timetable at the meeting, only referring to the current consultation period, and welcomed comments from the industry. He estimates that the Department will start tendering after the New Year next year and plan to implement it by June next year. In addition, the Department did not disclose the planned budget amount at the meeting due to the bidding issue.
Liu believes that the plan is of great help to the industry because it is still a loss. If there is a plan to provide stable income, it will also be good for the recycling industry in Hong Kong. He also quoted the department's meeting as saying that the service fee price will be adjusted monthly, and the recycler must estimate the amount of waste paper that can be recovered when entering the bid, and then award the bid according to the amount. However, if the contractor fails to meet the standard, he will be fined.
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