Mondelez International has partnered with packaging manufacturer Amcor to invest in recycling tech company Licella, in support of a more sustainable supply chain.
The investment will help Licella build an advanced recycling facility in Victoria that uses its Catalytic Hydrothermal Reactor (Cat-HTR) technology.
The Cat-HTR technology uses hot pressurised water to continuously recycle end-of-life plastic into a crude oil substitute that can be used to create food-grade plastic packaging.
Through Amcor, the confectionery giant will gain access to recycled content for its soft packaging, significantly reducing its need for virgin plastic.
Christine Montenegro McGrath, senior VP and chief global impact and sustainability officer at Mondelez, said there is a gap in sustainable recycling solutions, and the investment will scale the infrastructure and technology needed to create a more sustainable future for plastics.
“Our packaging strategy is focused on using better packaging and helping to build better systems,” said McGrath.
The new facility is expected to process about 20,000 tonnes of end-of-life plastic per year, with plans to scale up to 120,000 tonnes per year.
