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Journal of Clinical and Experimental Toxicology | Volume: 2
December 03-04, 2018 | Dubai, UAE
International Conference on
6
th
International Conference on
Toxicology, Clinical Toxicology & Pharmacology
Recycling & Waste Management
Joint Event
&
China plastic import ban and its impact on PET recycling in Bangladesh
Khadem Mahmud Yusuf
Bangladesh Petrochemical Company Ltd, Bangladesh
M
ost of the PET bottle flakes produced in Bangladesh were
exported to China till 2017. Bangladesh exported 60,000
MT of PET flakes to China in 2017 (98% of Total Flakes export).
Starting fromJanuary1st, 2018Chinahas imposedplastic import
ban resulting total collapse of the PET flakes manufacturing
industry. As a result, almost 50% of Bangladesh’s use PET bottle
stock is lying unsold in the local collection shops. The amount is
significantly large- almost 35,000 ~ 40,000 MT of plastic bottles.
Since such a large amount of used PET bottle stock is remaining
unsold, selling price of used PET bottles is going down and thus
waste collectors are losing their interest in collecting used PET
bottles to sell. The effect of this phenomenon will be seen soon
as bottles will start lying around more than usual on the streets
polluting the environment. Thus, it appears that the entrance of
local companies into thePET recyclingmarket at this time is good
for the country, as the companies will be purchasing additional
30,000 MT of the untouched PET bottle stock from the market.
It’s a win-win situation for everyone. The price of PET bale has
gone down, giving more opportunities for the companies to
lower its production cost. Bangladesh Petrochemical Company
Ltd (BPCL) along with few other local companies are planning
to increase their recycling capacity to 30,000 MT from current
level of 15,000 MT pet annum, collecting bottles firstly from
Dhaka and Major cosmopolitan cities and later, as required,
from all over the country.
Speaker Biography
Khadem Mahmud Yusuf is the CEO of Bangladesh Petrochemical Company Ltd (BPCL).
He has 25 years of experience working in Silicon valley, USA and in Bangladesh. BPCL is
the brainchild of Mr. Yusuf, which established itself as the first post-consumer PET bottle
recycling plant in Bangladesh. Prior to forming BPCL, he has worked for 5 years as the
Country Manager for Bangladesh at Nokia Siemens Networks. He was also the Founder
& CEO of Alap communication and National Data Consultant for Bangladesh Central
Bank. Before moving back to Bangladesh in 2005, he worked at Cowave Networks in
Fremont, California, Zettacom Inc in San Jose, California, iReady Corp in Sunnyvale,
California and National Semiconductor Corporation in Santa Clara, California, USA.
e:
kyusuf@bpcl.com.bdKhademMahmud Yusuf
, Toxicology 2018 & Recycling 2018, Volume 2
DOI: 10.4066/2630-4570-C1-002