With experts predicting an extensive future for RDF export, and landfill tax experiencing a huge jump, hitting the hundreds next April, there has never been a better time to consider investment in baling and wrapping machinery.
RDF waste must be baled and wrapped for export. Buying the equipment to do so can be a daunting prospect for a business, although a significant investment, it ultimately guarantees to pay for itself.
The UK Government’s tax on landfill increases year on year – 2023 will be no different, in fact due to inflation hitting a 40-year high, we’ll see a huge jump. Next April, landfill tax will increase in line with the Retail Price Index, which could see an increase of as much as £10 per tonne. Putting landfill tax in the hundreds for the first time.
With current landfill tax standing at £98.60 per tonne, then taking site gate fees and transport into consideration – we can all agree that landfill is an extremely unattractive prospect for those in the waste management industry.
In September this year, the Environment Agency (EA) issued new guidance on how councils should manage soft furnishings containing Persistent Organic Pollutants (POPs) from 2023.
Councils have till the end of this year to change their services and processes to be compliant with the EA’s new ruling – a ban on sending bulky household items to landfill.
Inflation is on the increase with food, fuel and energy prices hitting record highs. In fact, UK inflation has hit a 40-year high with the Bank of England warning it could reach up to 11% by the end of the year.
Not only does this grim news impact individuals cost of living and household finances but businesses too… The waste industry is not excluded from this.
We’ve been exploring the world of baling and wrapping over the last few weeks, assessing the benefits to investing in baling and wrapping RDF and SRF, and what machinery is available and would fit the needs of producers. Andusia and industry experts can provide confidence that the investment of such machinery promises a massive return on investment, and Cross Wrap boast knowledge, industry experience and reliable products to help with all your needs.
This month, Tolvik released their eighth annual report, ‘2021 UK Energy from Waste Statistics’. The report reveals EfW capacity is expected to grow from 14.9Mt/year of residual waste processed in 2021 to 19.4Mt/yr by 2026 but goes on to highlight signs of a likely slowdown in the development of UK EfW plants.
The report looks at EfW plants in the pipeline, stating that a number of projects post financial close have since ‘ceased being progressed, been cancelled and/or have been refused consent’ and ‘fewer new projects are now being actively brought forward’.
