Cleanaway weighs $500m plan to fill soft plastics recycling hole
The $6 billion waste management group Cleanaway and plastics maker Qenos are weighing up a $500 million co-investment to help fill a hole left by the collapse of the RedCycle collection program where shoppers could return soft plastics to Woolworths and Coles supermarkets.
The two companies have been working for months on a plan to collect about 100,000 tonnes annually of the soft plastics via existing household garbage collections which Cleanaway trucks already undertake for hundreds of local councils.
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