Following Sims Recycling Solutions’ announcement last week that it plans to withdrawal from the WEEE market, there is now a concern in the sector over whether the UK will be able to meet WEEE collection targets.
The recycling firm has decided to offload areas of its “loss-making” assets, a large part being the WEEE recycling operations run by the company. This is after claiming that it has become “commercially unattractive” due to a changing market and legislation.
Sims hold a large share in the UK’s WEEE processing capacity; approximately 25% over eight operating facilities. The statement comes after collection figures for the first three months of the year revealed that the UK is slightly below target for 2014 so far. This has prompted some concern in the sector, despite BIS describing the figures as “encouraging” last month.
Although the doors are closing on Sims, we remain optimistic the target can still be met. ecosurety continues to develop our network of evidence suppliers to ensure the security of our members’ obligations.
Read the full story here.
James joined in July 2009 as the marketing account manager. Now managing director, James combines his past market experience and the work undertaken directly with companies to ensure all Ecosurety members benefit from the best possible price and expertise. In 2016 James won the Institute of Directors South West Young Director of the Year award and the Business Leader Rising Star Award. In 2017 he has been shortlisted for an edie Sustainability Leader Award, won a Business Green Leaders Award and featured in the Resource magazine annual top 100 list of the most influential people working in the waste industry.
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Join Anna Ford in this free 20 minute webinar to discover what the market conditions are for WEEE recycling, what impacts recent policy may have on your obligations and how the UK is performing against European targets. You will also have the opportunity to ask any questions you may have.Read More >>
This webinar is CPD accredited.