Flexible Packaging
“Sustainability is now fundamental to the design of every new product launched”
So, how does it work? Businesses who own brands that
use flexible plastic packaging invest in the Fund to become partners with the Fund. Then, participating retailers host flexible packaging collection points in-store where individuals can drop off their flexible plastics for recycling. It’s tracked as it is collected and transpired to an approved recycler who transforms it into something new. These new products generate PRNs (packaging recovery note) which are like certificates proving something has been recycled. If the recycling also reaches the Fund’s high standards, the Flexible Packaging Fund pays for the PRNs which are passed on to their partners. These initiatives, which are becoming more and more popular as awareness and demand grows, certainly offer a solution to creating a wider life cycle of flexible plastic materials, rather than a single-use operation.
32 Kennedy’s Confection April 2022
What does new regulation mean for the packaging industry
The plastic packaging tax, said to begin in April 2022, will ultimately affect UK manufacturers of plastic packaging, importers of plastic packaging, business customers of manufacturers and importers of plastic packaging, and consumers who buy plastic packaging or goods in plastic packaging in the UK. To mitigate against disproportionate administrative burdens in comparison to the tax liability for those who are likely affected, there will be an exemption for manufacturers and importers of less than 10 tonnes of plastic packaging per year. So what can be done to ensure packaging manufacturers are meeting regulatory requirements?
KennedysConfection.com
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