Driving Investment for New Recycling
Seven new recycling projects across Victoria will receive $2.4 million in funding, delivering new jobs for the Victorian economy and increasing recycling rates.
The successful projects have the potential to generate more than $11 million in private investment, as well as creating more than 70 new jobs and recovering almost two million tonnes of waste from the commercial and industrial sector over the next 10 years.
Funding recipients and projects
- $500,000 for Action Recovery and Recycling to establish a new facility to recover commercial and industrial waste currently being sent directly to landfill including, cardboard, paper, timber, glass and plastics.
- $54,845 for Alex Fraser Group to increase the use of recycled glass sand in a larger range of products such as road base and pavement mix.
- $265,000 for Sita Australia to recover valuable recyclables from the Barwon Region by purchasing new recycling equipment.
- $500,000 for Tyrecycle to double its capacity to recycle tyres into rubber granules.
- $500,000 for Visy Recycling to open a new facility to handle its own and others' waste, recovering valuable materials that can be recycled such as cardboard, Polyethylene terephthalate and timber.
- $500,000 for Waste Convertors to upgrade its recycling facility - doubling the capacity of its site to repair and manufacture timber pallets and increase its capability to recover more recyclable materials.
- $174,600 for Waste Composting Technology to purchase equipment to decontaminate and grade organic material and produce two grades of finished material, either compost or mulch.