The recently commissioned plastic recycling facility at Coral Products Ltd has been granted accredited reprocessor status by the UK Environment Agency, meeting the strict guidelines of ‘The Producer Responsibility Obligations (Packaging Waste) Regulations 2007.’
Coral will enter 2020 with a sustainable start, as the new status commences on the 1st of January. This provides the group with an opportunity to reduce operational costs by fully offsetting the plastic packaging waste levy.
Due to very high internal and external capacity demand of clean recycled plastic, the operational hours of Coral’s recycling plant are increasing from the current 8 hours, 5 days per week to a 16 hour, 5 days per week in December.
The group’s projection is to reach a further capacity increase by the end of the current financial year on 30 April 2020, to a 24 hour, 5 days a week process.
Mick Wood, Coral Products PLC CEO, commented: “This accreditation is the culmination of many months of hard work by the Coral team. Following on from our new lightweight recycling bins and boxes that came on stream earlier in the year, it further demonstrates our focused commitment to plastic minimisation and 360-degree plastic recycling.”
As a plastics company with a conscience, the group continues to invest in the business in a sustainable manner, contributing to the circular economy by reducing their impact upon the environment and utilising a resource that others have disregarded.
Building a profitable business with an environmentally friendly ethos continues to be the focus for the Coral Products PLC Group.