Belgian-Dutch start-up Advanced Plastic Purification International NV (APPI) has decided not to set up in the port of Ostend

Belgian-Dutch start-up Advanced Plastic Purification International NV (APPI) has decided not to set up in the port of Ostend, the port’s CEO, Dirk Declerck said, confirming a report in Flows magazine.

APPI had intended to transform plastic waste into new uses or new products at its proposed plant in Port Ostend. The company was aiming for a total capacity of 500,000 tonnes of plastic per year and the creation of 110 new jobs. ‘The building plans were there, environmental permits were applied for, everything was ready to go,’ said Declerck.

However, a wave of cheap plastics from China has ruined everything, according to the Port Ostend CEO.

Read more at https://www.brusselstimes.com/1382331/cheap-chinese-imports-force-start-up-to-ditch-plans-to-recycle-plastics-in-ostend

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