A consortium of high-profile companies including Coles and Nestle is planning to build a soft plastics recycling plant where chocolate bar wrappers or chip bags can be broken down and remade into new food-safe wrappings.
Around 110 jobs would be produced through the construction and ongoing operation of the plant, but the consortium is hopeful the initial plant would be just the first of many.“Around Australia, we’re looking at potentially 20 of these plants, but our focus initially is on Victoria,” Licella chief executive Len Humphreys said. “Our objective is to work with Coles around the country to close this loop in a way that’s never been done before.
“This deal is really about closing the loop from a selection and technology perspective, so that the plastic that gets manufactured today for food can be used tomorrow for food again,” he said. While each member of the consortium is co-investing in the feasibility study, it’s not known if Coles will be an investor in the plant as well, with Mr Keeve saying it was too early in the process to know.
Source: News Formal (newsformal.com)
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