The largest PET recycling plant in the country is now up and running and will substantially reduce Australia’s plastic waste by recycling the equivalent of around 1 billion PET beverage bottles each year.
The $45 million plant in Albury-Wodonga has boosted regional jobs and is helping to build a domestic circular economy, along with increasing the amount of locally sourced and recycled PET in Australia by two thirds, from around 30,000 tonnes to over 50,000 tonnes per annum.
The world-class facility is a joint venture partnership between Pact Group, Cleanaway Waste Management Ltd, Asahi Beverages, and new partner Coca-Cola Europacific Partners (CCEP). While competitors in the beverage market, CCEP and Asahi Beverages have come together for this joint venture to deliver a significant increase in the volume of PET plastics recycled in Australia.
