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Amcor's Australia and New Zealand business signed a memorandum of understanding with Licella Holdings to invest in a plastic advanced recycling facility in Melbourne. Stage one is expected to process 20,000 tonnes per year of waste plastic using Licella's Cat-HTR technology, subject to final terms.
“the agreement supports Amcor and Licella's commitment to creating a local circular economy for soft plastics in Australia”prnewswire.com
Summarized from public sources; check the original articles before acting on it.