Following Sims Recycling Solutions’ announcement last week that it plans to withdrawal from the WEEE market, there is now a concern in the sector over whether the UK will be able to meet WEEE collection targets.
The recycling firm has decided to offload areas of its “loss-making” assets, a large part being the WEEE recycling operations run by the company. This is after claiming that it has become “commercially unattractive” due to a changing market and legislation.
Sims hold a large share in the UK’s WEEE processing capacity; approximately 25% over eight operating facilities. The statement comes after collection figures for the first three months of the year revealed that the UK is slightly below target for 2014 so far. This has prompted some concern in the sector, despite BIS describing the figures as “encouraging” last month.
Although the doors are closing on Sims, we remain optimistic the target can still be met. ecosurety continues to develop our network of evidence suppliers to ensure the security of our members’ obligations.
Read the full story here.
Useful links
The Environment Agency have recently published data on WEEE collected throughout Q1 of 2017, providing an insight into UK performance against the WEEE collection targets set by government.
Read More >>
Our technical specialist Abigail Warren is presenting a free webinar to serve as a refresher to the WEEE regulations, explain B2C and B2B producer obligations and also how your obligation is calculated. You will also have the chance to ask them any questions you may have.
This webinar is CPD accredited.
Join our specialists in this free 15 minute webinar to discover what the market conditions are for WEEE recycling, what impacts recent policy may have on your obligations and how the UK is performing against European targets. You will also have the opportunity to ask any questions you may have.
This webinar is CPD accredited.