Fukutomi to build Hong Kong plastics recycling plant

Posted on May 19, 2012 by DrRossH in Plastic Waste News

Plastics News – Fukutomi to build Hong Kong plastics recycling plant.

 “Hong Kong has been a critical transfer point in the stream of plastics scrap flowing from the Western world to mainland China — the largest importer and recycler of waste plastics. However, Hong Kong will soon start its first local recycling factory, as mainland’s labor cost advantage fades.”

“The monthly wage on the mainland used to be 1,000 yuan (US$159), but now it’s already approaching 4,000 yuan (US$635),”