WHAT BUSINESS TREND ARE YOU KEEPING AN EYE ON RIGHT NOW?
TerraCycle tom szaky Include USA
Tom Szaky
Founder and CEO, TerraCycle
“In our industry, there are several topics of discussion at the moment. Top of mind is China’s import ban on recyclable materials (the "green sword") that is wreaking havoc on the recycling industry. China, which used to be the primary export market for recycled plastic, has effectively blocked all future importation. There are certainly going to be some short-term effects on materials recovery here in the U.S., and it could mean materials that would have been recycled will now be landfilled or incinerated. It will be interesting to see how the U.S. and other countries respond and what the long-term impact will be. I will say, China’s stance does provide a great opportunity for innovation here and elsewhere.”