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Drinks giants team up for major recycling boost

Tom McIlroy

Drinks giants Coca-Cola and Asahi will open Australia’s first PET plastics recycling facility in Albury on Friday, boosting domestic capacity by as many as 1 billion bottles a year.

The $45 million plant – developed as a major partnership with Pact Group, Cleanaway Waste Management, Asahi and Coca-Cola Europacific Partners – is set to expand Australia’s stocks of locally sourced and recycled polyethylene terephthalate plastics to 50,000 tonnes.

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Tom McIlroy was the Financial Review’s Canberra bureau chief.

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    Original URL: https://www.afr.com/politics/federal/drinks-giants-team-up-for-major-recycling-boost-20220310-p5a3f8