The British Plastics Federation (BPF), in partnership with Squire Patton Boggs and the Department for Business, Energy & Industrial Strategy (BEIS), has released a practical guide to help plastics companies prepare for Brexit.
Preparing for Brexit: Practical Guidance for the Plastics Industry is available to download and aims to ensure that plastics companies in the UK understand the key practical steps to adequately prepare for Brexit. Amongst other topics, the detailed 32-page guide covers:
- The Effect on REACH and Other Regulations on Plastic Firms
- Rules of Origin
- CE Marking and UK Mark
- Plastic Recyclers and Brexit
- Essential Actions Businesses Should Take
The document is being released on the back of a recent survey of BPF members about Brexit, which found 78% of companies have made contingency plans in case there is a no-deal Brexit. This is a notable increase since December 2018, when only 54% of companies had.
The survey found that the areas that will have the biggest impact on businesses in the case of a no-deal Brexit are: tariffs (with 61% saying they will have either a ‘high’ or ‘fairly high’ impact), border delays (with 72% saying they will have either a ‘high’ or ‘fairly high’ impact), and changes to customs and VAT procedures (with 55% saying they will have either a ‘high’ or ‘fairly high’ impact).
The EU is the UK plastics industry’s most significant trading partner, accounting for 69% of all trade, with nearly £15 billion worth of plastic and plastic products being traded between the UK and EU member states each year. When asked what they considered the best option was for their business, 4% of respondents wanted a no-deal Brexit, 41% wanted to leave with a deal and 55% wanted to remain in the EU.
Commenting on the release of the report, BPF Director General Philip Law states:
Whilst the signs suggest that the majority of firms have taken some steps to prepare for a no-deal Brexit — a result the vast majority of firms clearly want to avoid — we have released this report to provide clear, accessible guidance to ensure all bases are covered when preparing for Brexit and we urge all plastics companies to make use of it.
Preparing for Brexit can be downloaded here and the results of the Brexit survey can viewed here .
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The related article about “BREXIT” and plastics industry published at the PIMI News Channel was: How British Plastics Businesses React To Yellowhammer Report?
