- Government Subsidies - You may well have been mislead by
the media into thinking that our current government are keen to
promote recycling and offer assistance to recycling companies. This is
not true, there is no support or assistance provided for 'independent
recycling companies'. However, if your company is obligated to the
'Packaging Regulations' you will be aware of the PRN system. This is
effecitvely a tax on the producer of packaging waste, and the funds
raised by the sale of PRN's should be used to increase recycling
capacity, improve collections and develop new markets. As the UK
continues to move towards a tertiary business environment,
manufacturing here is prohibited by cost so the first point is failing
dismally, with one of the largest UK papers mills closing last year,
another one already closed this year and yet another closure announced
within the next few months. But please don't think its all doom &
gloom because a few large organisations are benefiting greatly from
the system! As the majority of UK reprocessors who issue PRN's also
own their own collection companies, they keep the funding raised by
PRN sales in house and in many cases spend it on commercial projects
to compete with long established independent companies. So be assured,
the cost of your obligation is not being distributed accross the
industry to improve collections, it is indeed making the shareholders
of several FTSE listed companies very wealthy!
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