Plastics: Recycling
The question
To ask the Secretary of State for Business and Trade, what financial support his Department provides to the recycled plastic industry.
Answered by Chris McDonald
Government is committed to improving the business environment for the recycled plastic industry. This includes support for eligible firms through the Energy Intensive Industry relief schemes, depending on scheme eligibility criteria and firm levels of electricity usage. Other mechanisms include the market-based Packaging Waste Recycling Notes (PRN) system that provides direct funding to the reprocessing sector.
DEFRA’s collection and packaging reforms will also stimulate investment in recycling services and provide feedstock certainty, and while we cannot endorse individual technologies, Government have a range of funding sources available to support innovative and emerging technologies within this space through Innovate UK.
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