Coca-Cola Amatil and Veolia are considering opportunities to establish a recycled plastic processing plant in Australia.
The potential recycling plant will focus on PET plastic, which is used to manufacture plastic bottles.
Coca-Cola Amatil’s Group Managing Director Alison Watkins said a joint project team has been established by the two companies, which will consider the plant’s economic feasibility, size, scale and location, end-to-end requirements and potential integration into each company’s value chains.
Ms Watkins said the joint project team will leverage each company’s expertise and experience in respective parts of the production and recycling process.
Veolia Australia and New Zealand CEO and Managing Director Danny Conlon said the project team will make recommendations to their respective companies in the short-to-medium term.
“We’re delighted to be working with our Amatil colleagues on this important initiative,” Mr Conlon said.
“It comes at a critical time for Australia where we need to be doing more to resolve ongoing issues around plastics and their potential to be recycled. I look forward to future announcements on circular economy solutions.”