On May 20, 2024, the European Union enacted a new regulation on waste shipment, which more strictly regulates the export of plastic waste. The aim of this regulation is to reduce the environmental impact of improper disposal and to ensure that plastic waste is recycled in an environmentally friendly manner. This article highlights the major changes and their impact on companies that export plastic waste.

‍Background to the regulation

In recent years, significant quantities of plastic waste have been exported from the EU to third countries, often without sufficient control over its environmentally friendly processing. This led to environmental problems and growing public concern. The new regulation aims to curb these practices and strengthen EU Member States' responsibility for their waste.

‍Significant changes

1. Stricter export conditions: The export of plastic waste to countries outside the Organization for Economic Cooperation and Development (OECD) is now largely prohibited. Exceptions apply only if the recipient state can prove that it is able to recycle the waste in an environmentally friendly manner.
2. Increased transparency: Companies are required to provide detailed information on the type, quantity and destination of exported waste. This is intended to improve traceability and prevent illegal disposal.
3. Stronger controls: Member States must carry out regular inspections to ensure that exports comply with the new rules. Violations may result in severe penalties.

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Impacts on companies

For companies that have previously exported plastic waste, the regulation represents a significant change. They must now ensure that their waste is either recycled within the EU or exported to countries that meet strict environmental standards. This could result in higher costs as demand for domestic recycling capacity increases and competition increases.

‍Opportunities for the recycling industry

At the same time, the regulation opens up new opportunities for the European recycling industry. The increased availability of plastic waste could promote investments in modern recycling technologies and lead to the creation of new jobs. In the long term, this could support the EU on the path to a circular economy and reduce dependence on primary raw materials.

‍conclusion

The new EU regulation on waste shipments represents a significant step towards more sustainable waste management. Companies are required to adapt their disposal strategies and to focus more on environmentally friendly recycling. This not only offers challenges, but also opportunities for innovation and growth in the recycling sector.