Australia’s largest PET recycling plant makes Albury’s Nexus a recycling powerhouse
Investment in Albury has had a massive boost as construction begins on Australia’s largest PET recycling facility in Albury that will see the equivalent of around 1 billion PET plastic bottles recycled each year.
The $45 million plant - in the Nexus Precinct 10 kilometres outside the Albury CBD in NSW - is set to be fully operational by October, and will trade as Circular Plastics Australia PET.
The raw plastic material that the new plant will recycle each year will increase the amount of locally sourced and recycled PET produced in Australia by two thirds and will also reduce Australia’s reliance on virgin plastic and the amount of recycled plastic Australia imports. Solar energy will power part of the facility.
The project was made possible with the assistance of almost $5 million from the Environmental Trust as part of the NSW Government’s Waste Less, Recycle More initiative funded from the waste levy, with the support of the Department of Regional NSW and the Australian Government’s Recycling Modernisation Fund.
Federal Environment Minister and Federal Member for Farrer, Sussan Ley, said “the project is integral to ensuring the successful delivery of Australia's 2025 National Packaging Targets. It will create local jobs during construction and permanent jobs when it begins operations.”
State Member for Albury, Justin Clancy, said “the investment in this facility by the NSW Government demonstrates our commitment to a cleaner environment and regional development. Albury will become the powerhouse of recycling.”
Asahi Beverage’s Group CEO, Mr Robert Iervasi, said “Asahi Beverages is excited to be partnering with Pact and Cleanaway to make this investment and create more jobs for the Albury-Wodonga region. This will be a world-class facility that helps transform Australia’s recycling capacity and the Albury-Wodonga region should be proud of its contribution to manufacturing and recycling in Australia. Along with our beverage manufacturing plant in Albury, the new plant is part of our long-term commitment to the region.”