Repolywise’s Post

♻️ Packaging Waste Recovery Notes (#PRN) or Packaging Waste Export Recovery Notes (#PERN) were introduced in the 2007 Producer Responsibility Obligations (Packaging Waste) Regulations. Packaging producers with annual turnover over £2m and handle more than 50 tonnes of packaging per year must purchase these notes, issued by accredited recycling processors or exporters. This creates a market-based system where the price of PRNs fluctuate based on supply and demand. 💬 As the previously mentioned reforms on Extended Producer Responsibility (#EPR) continues, this arrangement may be changed in the future.

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