Register
 (photo: Circularety)
23.08.2016, 17:56

A New approach to PRNs

Author: Ecosurety Limited

ecosurety, one of the fastest-growing resource efficiency specialists in the UK, will next month launch a revolutionary new way for producers and reprocessors to work together inside the PRN (Packaging Recovery Note) system.

 

ecosurety, one of the fastest-growing resource efficiency specialists in the UK, will next month launch a revolutionary new way for producers and reprocessors to work together inside the PRN (Packaging Recovery Note) system.
 
Circularety aims to inject greater transparency into the PRN market, and will enable producers to see more clearly where their PRN obligation money goes, as well as allowing reprocessors to create tangible outcomes for PRN investments. 

Over £565 million has been spent on PRNs since the system was created in 2007, with over half of this spent on export PERNs. During 2015, PRN prices across all materials have fluctuated by 653%. 

There are six general categories into which PRN obligation money can be reported by reprocessors: infrastructure and capacity projects, funding collections, cost of complying, future investments, and communicating about recycling. 

ecosurety's managing director, James Piper.
ecosurety's managing director, James Piper. © ecosurety
The decision to launch Circularety was made after years of listening to producers and reprocessors express frustration, explains ecosurety managing director James Piper. 

“The PRN system has had a significant impact on recycling rates in the UK, but for some time it’s been widely acknowledged that it is imperfect. Many producers simply want to get on with the day job, rather than worrying about when is the best time in the year to purchase PRNs. Reprocessors want to be able to plan their investments more strategically and get value from their evidence. This year ecosurety has decided to take decisive action to improve the PRN system for all. 

“We believe Circularety will empower producers and reprocessors to take full control of their significant investments in recycling. We would ask producers and reprocessors to join us to help create a giant step towards a circular waste economy.”


The new initiative will be launched at a complimentary dinner for Producers and reprocessors at the Grand Connaught Rooms in London on 27 September. Places are being reserved on a first come, first served basis, and you should register your details at www.circularety.com to attend.

 



 

Article rating:

vote data

Photograph: Matthew Maaskant. (photo: Matthew Maaskant)
Reportbuyer Reportbuyer  - 03.01.2016

UK Facilities Management Outsourcing Market

AMA Research have published the 4th edition of the 'Facilities Management Outsourcing - Corporate Sector Report – UK 2015-2019 Analysis'.

 (photo: PPG Aerospace)
OCS Group  - 20.12.2016

PPG Aerospace Contract Win

OCS has been awarded a three-year contract by PPG Aerospace. The contract, which started in October, sees OCS providing security, cleaning and catering at PPG Aerospace’s Shildon site in County...