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Asahi, Coca-Cola Team Up For Australia’s First PET Recycling Plant

March 11, 2022: 12:00 AM EST
Coca-Cola and Asahi have built Australia’s first PET plastics recycling facility. The Albury bottle-to-bottle plant cost $45 million and has capacity for some 1 billion bottles a year. Other partners included Pact Group and Cleanaway Waste Management. It was partly funded by the federal and New South Wales governments, with a contribution from the recycling modernization fund, which is involved in around 90 projects. The joint venture group will build a second PET recycling facility in Melbourne, with completion expected next year. 
Tom McIlroy, "Drinks giants team up for major recycling boost", The Australian Financial Review, March 11, 2022, © The Australian Financial Review
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