This paper offers a fresh look at the pollution haven hypothesis (PHH) in the context of the waste management industry. Unlike previous research examining trade in waste products, the present study distinguishes between waste destined for final disposal and waste destined for recovery. Furthermore, it combines very disaggregated data with the highly flexible mixed logit model and a reliable measure of environmental policy stringency. Including all those elements in one analysis allowed for the uncovering of the dramatic differences in the reactions of waste generators to the environmental policy stringency of the destination country, depending on the treatment option their waste is slated for. Although there is no evidence confirming the PHH, a significant pollution haven effect has been found. This effect is apparent in the case of waste destined for final disposal. In contrast, facilities exporting waste for recovery are often attracted by the stringency of environmental policy.