CEFC invests in $89m QLD construction and demolition recycling plant

QLD construction and demolition recycling

The Clean Energy Finance Corporation (CEFC) is committing $75 million in debt finance to develop what will be Queensland’s flagship construction and demolition recycling facility.

Operated by Rino Recycling and strategically located in Pinkenba, between the Brisbane CBD and airport, the $89 million facility is expected to deliver 55,363tCO2-e of carbon abatement annually, equivalent to taking almost 12,000 cars off the road. With a recovery rate of more than 90 per cent, it will produce quality recycled products for re-use.

The new integrated plant – one of Australia’s largest for throughput volume under one roof –will be able to process more than one million tonnes of C&D waste annually, including concrete, excavation material, vacuum waste and skip bin waste, diverting a significant amount of valuable resources from landfill.

The CEFC investment is the single largest to be made via its $100 million Australian Recycling Investment Fund.

Ian Learmonth, CEFC Chief Executive Officer, said the investment helps provide a solution to Australia’s growing waste stream and accelerates a transition to a circular economy by deploying best-in-class technology to further develop the recycling sector.

“It offers an opportunity to deliver important infrastructure to Queensland and comes at a critical time for Brisbane, with the city on the cusp of a construction boom in the countdown to the 2032 Olympics.”

Todd Pepper, Rino Recycling Director, said Brisbane is expected to continue the trend in population growth over the next 20 years, in addition to the construction requirements of the 2032 Brisbane Olympic Games.

“The city has a significant pipeline of infrastructure development, including expansion of the Brisbane Airport and the development of the Brisbane city region in the SEQ ‘City deal’,” Pepper said. “The potential for recycling building material in these construction projects is very large and it’s great to be working with the CEFC to help establish this plant and contribute to a more sustainable Olympics.

“The introduction of the landfill levy by the Queensland Government in 2019, and their commitment to almost double it by 2027, has enabled us to make this investment. This facility will not only help SEQ achieve its Olympics commitments but preserve a number of its finite resources by recycling existing materials in the system first.”

The new facility will help address the under-developed C&D recycling sector in Southeast Queensland, using recycling technology by Turmec, from Ireland, and CDE, from Northern Ireland.

The design philosophy behind the facility is to not only deliver world-leading recovery rates but to create the highest quality outputs as value-add products to the building, construction, and manufacturing industries, according to Daniel Blaser, Rino Recycling General Manager.

“What is unique about this plant is that it is fully automated and able to handle many and various waste streams efficiently, separating the products effectively and creating valuable outputs without the need to rehandle or reprocess,” Blaser said.

CEFC Industrials Lead Mac Irvine said: “This project marks a significant development for Australia’s circular economy and for recycling in Queensland. Output products like recycled aggregates, road bases and sands/soils can be used in place of virgin products to create opportunities for lower embodied carbon content in construction projects.

Less than a third of all construction and demolition waste around the world is recovered and reused according to The World Economic Forum. Twenty-nine million tonnes of waste came from the C&D sector in 2022, amounting to 38 per cent of all waste generated in Australia, a significant proportion of which is sent to landfill.

The Brisbane facility investment brings CEFC lifetime commitments across the waste and bioenergy sectors to more than $560 million.

For more information, visit: www.cefc.com.au

Related stories:

Mildura company diverts C&D waste from landfill

Turmec wins contract for Brisbane construction waste facility  

 

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