Geelong will soon have the capacity to process an additional 8000 tonnes of plastic every year due to a $3 million joint investment from the Australian and Victorian Governments.
Geelong-based recycler GT Recycling will also contribute $1.7 million to the project, bringing the total investment to $4.7 million to upgrade and expand its facility.
Federal Minister for the Environment Sussan Ley said the expanded Geelong facility will help to process and extract value from the almost 188,000 tonnes of plastic waste that Australia would have shipped overseas each year prior to the Government’s ban on exporting waste.
“We have placed waste firmly on the national agenda through our Recycling Modernisation Fund and through our historic export bans on waste plastic, tyres, glass and tyres,” Minister Ley said. “Our export ban on mixed plastic waste started in July this year, with the ban on unprocessed single polymer plastics starting in July 2022. That is why it is vital that we have the technology and infrastructure in place to manage and process plastic waste onshore.
“GT Recycling is making a significant investment to increase its plastic processing capacity which means more jobs for Victorians, more reasons to recycle and a better outcome for the environment.”
Victorian Minister for Energy, Environment and Climate Change, Lily D’Ambrosio said this investment under Recycling Victoria represents Victoria’s ongoing work to build a sustainable and resilient economy and reduce waste, boost jobs, and establish a recycling system Victorians can rely on.
“This is a significant investment that will increase Victoria’s regional recycling capacity, enabling GT Recycling to install world-leading technology to recover a range of plastics from discarded agricultural plastic including plant pots, shade cloths, and tarps,” said Minister D’Ambrosio.
These funds are part of the Victorian Government’s $515 million investment to transform the waste and recycling sector, including $380 million towards Recycling Victoria Infrastructure Fund, helping to position Victoria as the national leader in recycling.