A new plastic recycling facility unveiled today by the Federal and Victorian Labor Governments will process more than one billion plastic bottles every year, or over 150 bottles for every Victorian.
Circular Plastics Australia's Project Symphony in Altona North will process plastic bottles, including soft drink bottles, collected from household recycling bins and container deposit sites into new food and beverage packaging.
The project was supported by a $6 million joint investment by the Australian and Victorian Governments, with Circular Plastics Australia contributing over $45 million.
This investment has supported 60 construction jobs and will support more than 45 ongoing jobs.
The Albanese Labor Government is focused on building a circular economy so that we produce less in the first place, and better reuse, recycle or remanufacture what we do make.
Nationally, the Federal Government has already increased recycling capacity in Australia by more than a million tonnes every year while creating over 3,000 jobs, including 414 in Victoria.
When combined with co-investment from all states and industry, the Recycling Modernisation Fund will give a $1 billion boost to Australian recycling.
To learn more about the Australian Government's Recycling Modernisation Fund visit Investing in Australia's waste and recycling infrastructure - DCCEEW.
