Q4 figures released by the National Packaging Waste Database (NPWD) show the UK is on track to meet recycling targets, even in the face of tough challenges to the sector from China.
The figures below show the total amount of PRNs required to meet the UK targets in Q4 and the actual figures achieved. Any surplus produced in December could also be used as carry-over for 2018, illustrated in the final column.
Plastic PRNs had been a concern due to the restrictions placed on exports of plastic to China. Although plastic was expected to reach its target, concerns were that the low PRN price in the last quarter of 2017 would lead to a drop-off in exporting and UK production, leading to a low carry-over for the next year and more pressure on the plastic PRN market at the beginning of 2018. These figures reveal that this has not happened.
An unexpected buffer
With a carry-in tonnage of approximately 10% more than usual, plastic has started 2018 with an unexpected buffer. However prices remain high whilst restrictions on final markets continue.
Of note is also wood, which has also experienced troubles with prices rising to over £15 following the increase of a government target from 22% to 38% for recycling.
If you would like to know more about how this affects your compliance, please get in touch with our team on 0333 4330 370.
Richard Hodges
Key account manager
As key account manager Richard helps our largest clients manage their legal obligations under Packaging, WEEE and Batteries legislation. His background in economics helps our members manage their budgets and strategically procure evidence.
Useful links
At RWM 2019 Ecosurety will be featuring in the event as part of the exclusive speaker line-up. CEO James Piper will be taking part in a panel discussion whilst head of policy, Robbie Staniforth, will be presenting a 30 minute talk including a Q&A session.
Read More >>Launched by the Ellen MacArthur Foundation, the New Plastics Economy Global Commitment has established a vision to stop plastic waste and pollution by applying circular economy principles
Read More >>The UK Plastics Pact is an innovative and collaborative group that has come together to help create a circular economy for plastics.
Read More >>
