Australia is opening the nation’s largest PET (polyethylene terephthalate) in Albury, which will be capable of processing one billion plastic bottles each year.
Sussan Ley, Minister for the Environment said the plant will ensure end to end recycling by using materials that were sourced and remanufactured in Australia, as up to 28,000 tons of PET plastic bottles will be recycled into new bottles for packaging.
She further stated that the manufacturing of drinks in Australia has often involved importing recycled and processed plastics from overseas and this new facility would help improve the environment, and the economy by fully remanufacturing in Australia for domestic uses.
NSW Deputy Premier Paul Toole stated that the goal of creating jobs and investments in regional NSW has been established because the new facility will be creating more than 240 local jobs during construction and operation.
"Yes, there will be jobs, yes there is private and public investment, but the environment is also a big winner out of this project. This is recycling made whole,” said Mr. Clancy, Member for Albury.