Title
Recyclate content

CoPED ID
0e0f2db9-63e9-4743-8e06-782facb64445

Status
Closed


Value
£103,978

Start Date
Sept. 30, 2020

End Date
Dec. 31, 2020

Description

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This project is a critical step for the UK who will launch a plastic packaging tax in April 2022 on all plastic packaging which does not contain at least 30% recycled content. Without this project the government (HMRC) will potentially lose out on large tax revenues from importers of plastic products who will be able to avoid the tax. This will help to ensure the tax is enforceable, ensuring that recycled content is used in plastic packaging and helping the UK deliver on the Clean Growth Strategy and Net Zero ambitions. The project will also help the UK economy recover in a post COVID world. The COVID pandemic has affected the plastic recycling industry in the UK by disrupting their supplies of material, while also closing a number of their sales channels as UK manufacturing shut down. These shut downs have provided an opportunity to change the way the industry works and bounce back in a more sustainable fashion. In order to ensure this bounce back is sustainable, this standard is required to protect the sustainable business philosophy in the UK from fraudulently declared imports from abroad, and avoid UK recyclers missing out on the potentially huge sales increases they could otherwise expect to gain.

Sprcoe Limited LEAD_ORG
Sprcoe Limited PARTICIPANT_ORG

Steven Burns PM_PER

Subjects by relevance
  1. Recycling
  2. Sale
  3. Plastic
  4. Sustainable development
  5. Enterprises
  6. Recycled plastic
  7. Ecological character
  8. Plastic products
  9. Business

Extracted key phrases
  1. Plastic packaging tax
  2. Recyclate content
  3. Plastic recycling industry
  4. UK economy
  5. UK recycler
  6. UK manufacturing
  7. Plastic product
  8. Large tax revenue
  9. Critical step
  10. Project
  11. Sustainable business philosophy
  12. Sustainable fashion
  13. Huge sale increase
  14. Net Zero ambition
  15. Clean Growth Strategy

Related Pages

UKRI project entry

No UK locations linked to this project.