Accredited Reprocessors and Exporters get funding from their sales of PRNs. This funding can then only be used to benefit the waste system including investing in new recycling equipment or promoting financing recycling waste collections.

The funds from PRN’s are used for:

1. Collection:Encourage collection of packaging waste materials.

2. Investment: Invest in new recycling plants and transport.

3. Subsidisation:Subsidy pricing of new products made from recycled materials and cost subsidisation of exported package waste materials.

 

Influencing factors

 

The PRN market is affected by its supply and demand, annual targets, oil price, and the secondary materials market...

UK Packaging recycling targets 2020 to 2022