The UK is on course to meet its packaging recycling targets for 2016, with nearly a 7% increase in recycling compared to 2015.
Confirmed with the release of provisional data on the Environment Agency’s NPWD website, it is welcome news with political uncertainty dominating the environmental agenda in recent times. While final figures are due next month, the early indications are that the first quarter of 2017 will see largely stable PRN (packaging waste recovery note) prices across most materials.
A year-on-year increase in plastic recycling of 13.7% is particularly positive news as PRN prices can be volatile in this material, especially when demand outstrips supply. The information suggests that a significant amount of “transitional” plastic tonnage, recycled in December 2016, will be carried forward to cover 2017 obligations, softening supply.
PRN system is delivering value
The Advisory Committee on Packaging (ACP) were quick to point out that recycling increases are proof that the PRN system is delivering value in the UK. Although the potential for market volatility and the lack of PRN transparency remains, packaging recycling continues to increase in the UK.
Figure 1 below shows increases in recycling across all materials when comparing 2016 to 2015. So while there have been calls for legislative reform from the Green Alliance and ESA (Environmental Services Association), the data is another indication to the government that the system is fit for purpose.
To keep up to date with the latest recycling figures and how they influence your compliance costs, please book your place on our free Q2 packaging compliance commercial update webinar, taking place on 20 April.
If you would like to discuss your packaging compliance with our team, please contact us on 0333 4330 370 or email email@example.com.
Head of policy
Having gained a wealth of experience in regulatory affairs, waste issues and secondary commodity market analysis, Robbie uses his skills internally as an operational board member and externally to influence legislation change as head of policy. He is responsible for liaising with government, regulators and industry organisations to articulate complex views and interests and to provide high-level policy expertise, industry insight and market analysis to our members.
Head of Policy, Robbie Staniforth, will be presenting this webinar to inform stakeholders about the key issues outlined in the recently published draft legislation for the plastic packaging tax.Read More >>