UK to introduce plastics tax for packaging by April 2022

Financial Times News Centre

The UK plans to introduce a plastics tax on all packaging that does not include at least 30 per cent recycled material, a move welcomed by the industry as a “much-needed change”.

Recycling Technologies welcomes the Chancellor of the Exchequer’s proposed new tax on plastic packaging manufacture and import that contains less than 30% recycled plastic content and review of the PRN system in the #Budget2018.

We were pleased that Reuters, Financial Times and other major news outlets picked up Marketing Director, Rupert Haworth’s, observation that this “should stimulate new investment in plastic recycling innovation and capacity”.

Read the full article at the Financial Times here

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