05 January 2017
Response to Consultation on changes to packaging recycling business targets for paper 05/01/17
The Environment Exchange (t2e) provides the UK’s marketplace for Packaging Recovery Notes and Packaging Export Recovery Notes (PRNs). In 2016 in excess of 1.4 million tonnes of PRNs were traded through its spot and five forward markets. t2e has over 450 participants which include all of the major UK packaging compliance schemes (22), reprocessors and exporters (165) as well as a substantial proportion (42.5%) of the UK’s individually obligated companies.