Log InPackaging Recovery Notes Explained
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9th May 2022
Learn MorePackaging Recovery Notes
As the name suggests, a spot trade is ‘on the spot’ procurement of either single or multiple packaging recovery note (PRN) grades. Payment is generally due immediately, but can also be made by rapid, standard or extended settlement. Call us if you want to purchase PRNs and we will give you an up-to-date quote.
Trade PRNs with Clarity and you can procure your entire packaging compliance obligation, however many PRN grades, on a single invoice. We will obtain prices in every grade and present you with a single invoice. This option is designed for those businesses wanting to simplify the procurement process.
We understand that most businesses have to obtain clearance from a finance or purchasing department to procure their packaging recycling note obligation. Clarity is able to negotiate credit terms on your behalf: simply tell us your requirements and we will speak to the counterparty.
Budget for your packaging recovery note obligation in advance of the registration deadline and procure your evidence in two parts. Simply give us your previous year’s obligation and we will prepare a fixed price per tonne contract based on your figures.
In January, we will bill you for half of the contract, with the remainder billed at the same price once you have worked out your actual obligation. This solution is quick, simple and completed by the middle of the packaging compliance year.
Spread the cost of your obligation by procuring your PRNs over an extended period of time (two to twelve months) or in a one-off booking in the future. By offering either a fixed price or agreeing prices on a monthly basis, this solution is best suited to larger PRN obligations.
The team are always helpful and very well organised. They provide a prompt, efficient service and the flexibility of a forward contract allows us more freedom to budget for our purchases.
All PRN sales and purchases are subject to our terms and conditions.
Quarterly data released for Q1
2022 Q1 quarterly data shows lower PRN production across recycling as a whole than we saw in Q1 2021, with a difference of 189,000T.
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0845 129 7177 info@clarityenv.eu9 & 10 Hunns Mere Way
Woodingdean Business Park
Brighton
BN2 6AH
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