Recycling Modernisation Fund Plastics Technology Stream

Recycling Modernisation Fund Plastics Technology Stream

Through the Recycling Modernisation Fund (RMF) Plastics Technology stream, the Australian Government is investing $60 million nationally over 4 years to address critical gaps in Australia’s recycling infrastructure.

The stream supports advanced and innovative technologies targeting hard-to-recycle plastics which are plastics in waste streams where there are:

• very low recovery and recycling rates due to difficulties in recycling
• limited infrastructure and technology solutions to support circularity in the supply chain.

The Australian Government awarded a total of $4.4 million to one Victorian infrastructure project where more than 8,000 tonnes of soft plastic products, like films, grain trap and baling twine will be able to be remade into high quality resins for remanufacturing back into the original products. The projects will deliver 10 ongoing jobs and will help boost soft plastics recycling rates in Australia and reduce soft plastics in landfill.

These projects are funded by the Australian Government and delivered by Sustainability Victoria.

For background, view the Recycling Modernisation Fund Plastics Technology Stream guidelines.

Fund recipients

Announcement date: 26 August 2024
 

Sustainable Plastic Solutions Pty Ltd

Project: Circular Agricultural Plastic Recycling and Remanufacture

The project will install recycling technology and infrastructure in Hamilton to recover and process an additional 8,000 tonnes each year of traditionally hard-to-recycle agricultural PP and LDPE plastics such as films, grain tarp and baling twine into high quality resins for remanufacturing back into the original products and create 10 jobs.

Funding: $4,421,704