Coca-Cola Amatil and Veolia Australia and New Zealand are considering building a recycled plastic processing plant in Australia.
In mid-November, the companies announced that they are exploring opportunities to establish the plant, which would focus on recycling PET plastic.
Coca-Cola Amatil’s group managing director Alison Watkins said Amatil and Veolia had established a joint project team to consider a potential plant’s economic feasibility, size, scale and location, end-to-end requirements and potential integration into each company’s value chains.
The joint project team would leverage each company’s expertise and experience in respective parts of the production and recycling process as part of considering a potential plant, Watkins explained.
Amatil is one of Australia’s largest users of recycled PET, with 7 out of 10 of its plastic bottles in Australia to be made from 100 per cent recycled PET by the end of 2019.
Veolia Australia and New Zealand CEO and managing director Danny Conlon said the Veolia is delighted to be working with Amatil on this initiative.
“It comes at a critical time for Australia where we need to be doing more to resolve ongoing issues around plastics and their potential to be recycled. I look forward to future announcements on circular economy solutions,” Conlon said.