Figures released by the Environment Agency (EA) show a continued positive outlook for 2017.
The data published on the EA website shows a significant number of PRNs (Packaging waste Recovery Notes) from December 2016 will be used to meet the 2017 obligation across all materials. When combined with the figures released a month ago, the picture looks particularly rosy.
PRNs issued in December are often referred to as “transitional” due to the fact they can be used to meet obligations in the current or following year. The data shows that there was more than enough capacity in the UK to meet 2016 packaging recycling targets and the fact that there was a surplus of PRNs in 2016 will now buoy 2017 recycling figures. There are also nearly 40 recyclers and exporters yet to report their figures, so the outlook could well be even better.
It’s welcome news to see the UK meeting recycling targets, especially with target increases continuing over the next few years. With more and more producers looking to understand the impact their PRN money is having, made possible through the transparent PRN platform Circularety, it’s important that the country continues to meet targets and build infrastructure.
The figures below show nearly 65,000 tonnes of plastic PRNs were carried into 2017, which is nearly double the amount that was carried into 2016.
To discuss how this news may affect your packaging compliance, please contact our team on 0333 4330 370 or email firstname.lastname@example.org.
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 >>