Amcor and Licella Collaborate to Provide Recycled Content from Australia's Advanced Recycling Facility
Amcor, a global leader in responsible packaging solutions, announced the signing of a Memorandum of Understanding (MOU) with Licella Holdings, an Australian-based technological pioneer, to invest in one of Australia's first advanced plastic recycling facilities.
As one of the first advanced recycling facilities to be built in Australia, the agreement helps Amcor and Licella reach their goal of creating a local circular economy for soft plastics in Australia. It also moves Amcor closer to its goal of having 30% recycled content in all of its products by 2030.
Stage one of the proposed facility, located in Melbourne, is expected to process 20,000 tonnes of waste plastic per year, relying on collection activities to divert soft plastic waste from landfill or incineration. The Victorian Environmental Protection Agency has already given the go-ahead for this part of the project.
Amcor ANZ and Licella worked together on Licella's Feasibility Study, which confirmed a local supply chain for food-grade recycled soft plastic and showed how important the proposed facility would be for the economy and the environment.
Both sides will have more talks about the final terms and agreements, which will depend on their own internal approvals.
Mike Cash, President of Amcor Flexibles Asia Pacific, said: "Amcor is proud to be a part of the solution by helping to develop new technologies and create a local circular economy for soft plastics in Australia.
"We are proud to be able to help provide a local supply of recycled materials that are safe for food, which will allow more customers to join a circular economy."
Dr. Len Humphreys, Chief Executive Officer, Licella Holdings, said, “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.”
Source: Amcor
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