"We are proud of what we have achieved in our first year, but there is a great deal more to do to achieve our goals over the coming years," said WRAP chairman Vic Cocker.
One of the main developments has been the award of a capital grant. WRAP will contribute up to 23m towards 127m of investment in the UKs newsprint reprocessing capacity.
The new waste reprocessing was awarded to UPM-Kymmenes Shotton Paper earlier this year (PrintWeek, 18 January).
WRAP also announced 3.6m of funding for research and development projects during the year.
The report was unveiled at the Institute of Wastes Management conference in Devon last week.
Have your say in the Printweek Poll
Related stories
Latest comments
"Sorry to read this, a big name to go down, hopefully a lot of the £1.8M was insured. We are recruiting operational staff & currently in-talks to assist the clients with immediate requirements."
"£1.8m !! Very big numbers indeed."
"Now black really is white. Ditching a product line with all its consequences for customers is now an award winning move. Priceless!"
Up next...
News comes a year after the Coronation
King and Queen update Royal Warrants
66-year-old firm closes
DCW Penrose shuttered; kit sold at auction
Finishing from start to finish
IFS lauds partners' premieres and Drupa importance
Government emphasised RM's importance to society