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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.
Pact Group, Cleanaway Waste Management and Asahi Beverages formed a joint venture to build a A$45 million PET plastic recycling plant at the Nexus Precinct in Albury/Wodonga, NSW, expected to be operational by December 2021.