The new facility will generate 30 jobs locally and process almost 28,000 tonnes of plastic per year, this equates to 900 million plastic bottles.

Being developed by Australia's largest waste management company Cleanaway and its joint venture partners Pact Group and Asahi Beverages the project is being supported by the NSW Government through the Major Resource Recovery Infrastructure Program.NSW Environment Minister Matt Kean said the new facility will help reduce the amount of plastic going to landfill, help improve our environment and create local jobs.

“This is an excellent announcement for NSW and we are proud to have helped make it happen through a grant from our waste levy-funded Waste Less Recycle More initiative,” Mr Kean said.

“Cleanaway is the country’s largest waste employer, with 250 sites across the nation and 6,500 direct employees and now people in Albury will benefit from the new positions this facility brings.”

Member for Albury Justin Clancy welcomed news of the new facility and the 30 new local jobs and investment opportunities it will create in the Riverina Murray region.

“I am thrilled that Albury will be home to this new recycling facility which will service markets along the East Coast and process millions of plastic bottles, many of which will have come through the NSW Government’s Return and Earn scheme,” Mr Clancy said.

For more information on circular economy opportunities in regional NSW contact one of our investment advisers.