# Circular Plastics Australia opens $45M PET recycling plant in Albury-Wodonga

The Circular Plastics Australia joint venture officially opened its A$45 million PET recycling plant in Albury-Wodonga on 11 March 2022, backed by up to A$16.5 million in CEFC debt finance. The plant recycles about 30,000 tonnes of PET a year and employs about 40 people.

- Type: New facility
- Announced: 2022-03-11
- Where: Albury-Wodonga, Australia
- Value: $32.5M (45.0M AUD)
- Jobs: 40
- Status: completed
- Capacity: 30,000 tonnes of PET per year
- Products: recycled PET, recycled plastic raw material
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Circular Plastics Australia](https://endata.com/companies/9004.md)
- [Pact Group](https://endata.com/companies/2510.md) (partner)
- [Coca-Cola European Partners](https://endata.com/companies/5634.md) (partner)
- [Cleanaway Waste Management](https://endata.com/companies/6836.md) (partner)
- [Asahi Beverages](https://endata.com/companies/6837.md) (partner)
- [Clean Energy Finance Corporation](https://endata.com/companies/9005.md) (investor)

## Sources

- [cefc.com.au](https://www.cefc.com.au/media/media-release/cefc-congratulates-circular-plastics-australia-on-the-opening-of-australia-s-largest-pet-recycling-plant/), 2022-03-11: "The $45 million plant in Albury-Wodonga has boosted regional jobs and is helping to build a domestic circular economy"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.