Switzerland-headed Amcor plc, a global leader in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home, and personal care announced its Amcor Australia & New Zealand (ANZ) business has signed a Memorandum of Understanding (MoU) with Australian-based technology pioneers, Licella Holdings Ltd (Licella), to invest in one of Australia’s first plastic advanced recycling facilities.
As one of the first advanced recycling facilities to be built in Australia, the agreement supports Amcor and Licella’s commitment to creating a local circular economy for soft plastics in Australia and helps advance Amcor’s target to achieve 30 percent recycled content across its portfolio by 2030.
Located in Melbourne, stage one of the proposed facility is expected to process 20 000 tonnes per annum of waste plastic utilizing Licella’s pioneering “Cat-HTR” technology, relying on collections activities to divert soft plastic waste from landfill or incineration.
This stage of the project has already received approval from the Victorian Environmental Protection Agency.
Amcor ANZ and Licella previously collaborated on Licella’s Feasibility Study, which validated a local supply chain for food-grade recycled soft plastic and demonstrates the critical economic and environmental benefits of the proposed facility.
We are proud to be able to help deliver a local supply of food-grade recycled content that can enable more customers to participate in a circular economy, said Mike Cash, President, Amcor Flexibles Asia Pacific.
Both parties will be undertaking further discussions on final terms and arrangements, which will be subject to respective internal approvals.
Licella and Amcor share a vision for a more sustainable future for plastic. We are delighted to partner with Amcor as we develop our first Australian advanced recycling facility, with our Cat-HTR technology that enables soft plastic to be repeatedly recycled into food-grade post-consumer recycled content, which is rapidly increasing in demand both locally and globally, said Dr Len Humphreys, CEO, Licella Holdings.
