Levy increase October 2022

Record recycling levels at a time of exceptionally high recycling costs has obliged IFFPG to substantially increase the levy for product destined for sale during 2023. Over the last 5 years, IFFPG has increased recycling levels by 40% to an average of 37,000 tonnes per annum and is currently achieving a 90% recycling level (the equivalent to plastic from 18 million bales). Record recycling levels have come at a time of exceptionally high recycling costs caused by global events such as the Chinese ban on plastic waste imports, Covid and the war in Ukraine, which have increased recycling costs by 600%.

Regrettably, IFFPG has been left with no alternative but to increase the levy by €80 per tonne from the current €160 to €240 per tonne, with effect from 1st October 2022. This will see the levy increase on a standard roll of wrap from the current €4.16 to €6.24 per roll.

IFFPG, which is a not-for-profit body, is committed to reducing the levy in the future should the recycling market improve again.