Pact Group, Cleanaway Waste Management and Asahi Beverages have partnered to construct a new recycling facility in Albury/Wodonga for PET plastics to reduce waste.
The $45 million project, which is expected to commence production at the end of this year, should process roughly 1 billion 600ml PET bottles annually to create new bottles and packaging towards a greater volume of closed-loop recycling in Australia.
“By bringing together key roles within the plastic packaging supply chain, the partnership will ensure more PET plastic is collected, recycled and used again in future packaging – all the while reducing the strain on virgin materials and boosting a local economy with more jobs and greater opportunities,” said Australian Packaging Covenant Organisation CEO Brooke Donnelly.
“This industry-led, decisive leadership is fundamental to ensuring the successful delivery of Australia’s 2025 National Packaging Targets.”
The country currently recycles about 30,000 tonnes of PET, anticipated to increase above 50,000 tonnes once the new solar-powered plant is in operation, while simultaneously decreasing Australia’s dependence on virgin plastics.
“This partnership will create valuable raw materials from the recyclables we collect and sort to help make a sustainable future possible,” said Cleanaway CEO and MD Vik Bansal. “Being the joint operator with Tomra of the NSW Container Deposit Scheme has provided Cleanaway with confidence in the market to invest in this facility.”
The project was supported with nearly $5 million from the Environmental Trust, and is expected to be operational by December next year.