Turn redundant RTP into cash June 1st 2011 LINPAC Allibert has launched a
major initiative to encourage
recycling and deliver cash benefits to
its customers. It is expected to see
thousands of unwanted and unused
returnable transit packaging (RTP)
containers turned into cash and then
recycled and returned to the market.
There are more than 200 million
units of RTP in circulation in Europe.
Designed to be durable and longlasting,
much of this stock has an
average useful life of around seven
years. However, as customer needs
change and RTP becomes unsuitable
for current use or damaged, it often
sits around using up storage space,
providing little or no value.
The Buy-Back scheme will operate
in a similar way to a part exchange
system. Customers will not only
receive cash for a written down asset,
giving it a value on their profit and
loss account, but the scheme will also
benefit the environment as this old
stock will be recycled.
Customers will be able to use the
cash to upgrade their stock by buying
new containers from LINPAC
Allibert, or if the new containers are
acquired on a lease, there is no
upfront payment meaning a fresh
new fleet of top quality RTP More articles from Linpac Packaging: |