National waste management group Recycling Lives has once again posted a significant rise in turnover, increasing its sales for the third year running to more than £75 million in 2017/18.
Having made sales of £46.5 million in 2016/17 and £31.7 million in 2015/16, the latest results show that annual turnover has more than doubled in the last two years, rising 61 per cent, while EBITDA (earnings before tax, depreciation and amortisation) increased by 76 per cent to £10.8 million.
Every year we throw away millions of tonnes of wrapping paper, decorations, food and other debris left over from the Christmas festivities. If you’re struggling to know what to do with your waste, check out Resource’s short recycling guide.
Nespresso is set to become the first coffee company to use responsibly-sourced aluminium to produce its coffee capsules after signing a Memorandum of Understanding with aluminium producer Rio Tinto Aluminium.
A new report by aluminium recycling organisation Alupro finds that the recycling rate for aluminum packaging has been rising year-on-year and calls for action to further improve recycling rates and quality.
Ministers from the UK, Welsh and Scottish Governments, as well as officials from Northern Ireland, met on 6 July to discuss plans for a collective deposit return scheme for drinks containers that would operate in all nations of the UK.