26 WESTERN PALLET
Further Reading
(Click on story title to read)
26 WESTERN PALLET
TIMCON to Tackle High Prices and Packaging Targets
Left to right: TIMCON president John Dye, MSP Fergus Ewing and TIMCON past president Gil Covey
The Timber Packaging & Pallet Confederation (TIMCON) is lobbying to tackle the unprecedented high price of UK wood packaging recovery notes (PRNs), which it says have serious implications for the industry. (A packaging recovery note is a type of document that provides evidence waste packaging material has been recycled into a new product.)
Speaking at the association’s AGM in Edinburgh earlier this month Angus Macpherson, managing director of The Environment Exchange, the marketplace for PRNs, explained that an increase in the UK wood recycling target had led to an all time high in the price, and further target rises scheduled for the next two years would present “a significant challenge for the wood sector."
Macpherson said that the current UK recycling targets for wood were based on the draft EU Circular Economy Package, which meant UK targets were increased to 38% this year and are due to rise to 43% and 48% in the next two years; while in the final EU Circular Economy Package wood-material-specific recycling and reuse targets are now lower, at 25% by 2025 and 30% by 2030.