Every year the UK generates millions of tonnes of packaging waste, some of which is either collected to be recycled in the UK or exported overseas to be recycled to the same standards.
That’s where t2e come in.
We provide a transparent marketplace for PRNs, linking obligated producers with accredited recyclers and exporters through our secure online trading platform.
When a company, or group of companies, meet both of the following criteria in the previous calendar year they must buy PRNs:
Handled over 50 tonnes of packaging and supplied to UK markets
Had a turnover in excess of £2 million in their last audited accounts
To calculate your obligation you will need to know for the previous calendar year:
the packaging activities that you carried out;
the material, subdivided into aluminium, glass, paper, plastic, steel, wood and other (wax, cork, textiles, etc), and weight in tonnes of the packaging on which you carried out these activities;
the UK business targets for the current compliance year (e.g. the year subsequent to the packaging data you are gathering)
Charities do not have an obligation under the regulations.
The number of PRNs the company needs to buy depends on the activity they’ve carried out on the material they qualify for. There are four identified activities in the packaging chain:
| Raw material | Manufacturer of the raw material | 6% |
| Converter | Turns the raw material into packaging | 9% |
| Packer / filler | Places goods into or fills packaging | 37% |
| Seller | Supplies packing to the end user | 48% |
For more information on how to calculate your obligation, please see our FAQ section
| 2023 PRN prices | Last | Average | High | Low | Volume (tonnes) |
|---|---|---|---|---|---|
| Aluminium PRN | £10.00 | £141.67 | £215.00 | £4.45 | 31,608 |
| Glass other PRN | £105.00 | £107.23 | £135.00 | £85.00 | 114,341 |
| Glass Remelt PRN | £115.00 | £123.08 | £142.00 | £105.00 | 172,177 |
| Paper PRN | £4.95 | £13.21 | £45.00 | £1.90 | 663,068 |
| Plastic PRN | £150.50 | £276.08 | £380.00 | £115.00 | 358,881 |
| Steel PRN | £8.00 | £30.72 | £110.00 | £4.95 | 113,525 |
| Wood PRN | £10.00 | £13.56 | £35.00 | £2.00 | 179,966 |
| Total | 1,633,566 |
The PRN prices table summarises the price of PRNs in 2023. There is more information relating to specific markets and materials in View Price Data and View Price Graphs below.
While only historic prices are available on the public site, Members can access current prices.
Enabling you to benchmark the true cost of PRNs, track market trends and review performance.
Saving you time and effort on administration and processing.
Giving you access to live PRN prices and recent trades. Enabling you to react quickly and confidently to market fluctuations.
Supporting you through every stage of the process and keeping you proactively up-to-date with the latest market information.
“t2e are a vital part of the compliance infrastructure. By providing a transparent and easy-to-use trading platform they give clarity in what can be an otherwise obscure marketplace.”
“The whole t2e setup is fantastic and a necessity for my business to succeed. The team in Edinburgh are a delight to work with.”
“t2e run a very efficient service, helping us sellers understand the market and achieve an appropriate price for our PRNs.”
The Environment Exchange
Hudson House
8 Albany Street
EDINBURGH
EH1 3QB
United Kingdom
Phone: +44 (0) 131 526 3023
e-mail: info@t2e.co.uk
Phone: +44 (0) 131 526 3040
Fax: +44 (0) 131 473 2326
"t2e" and "The Environment Exchange" are trademarks vested in The Environment Exchange Ltd. Registered in Scotland. No: SC 225230. VAT No: 804 1331 78
© The Environment Exchange, Hudson House, 8 Albany Street, Edinburgh EH1 3QB
Privacy Statement & Cookies | Rules and Procedures
The Digital Age – Digital Marketing | Web Development | Brand Management
Update cookies preferences