Three plastic projects to support Tasmania’s recycling industry will form part of a $20.3 million co-investment Recycling Modernisation Fund.
The plastic projects will reprocess 15,000 tonnes of plastic waste annually and will help to support Tasmania’s circular economy.
Federal Minister for the Environment, Sussan Ley, said the projects will help to protect the environment, boost the economy and create jobs.
“It is exciting to see innovation at the centre of these projects. Not only will they turn a waste product into something of value, but they will do so while creating more than 50 jobs for local business. It is good for the economy, good for jobs and good for the environment,” Ley said.
Two of the three projects will be based in George Town, with the Tasmanian Minister for Environment Roger Jaensch saying the projects will help to recover waste materials.
“This is great news for Tasmania, and we are excited to see the innovative approaches to waste management, resource recovery and remanufacturing that these companies have proposed and will deliver through these projects,” Jaensch said.