The Victorian Government, a state government in Australia, has chosen Plasgain and Pinegro, two local companies, to support the state’s efforts to shift towards a circular economy system. 

The two selected businesses, will receive funding through the A$2.25m ($1.46m) Circular Economy Infrastructure Fund. 

Plasgain will be granted A$250,000 to develop light poles made from recycled plastic, known as ‘Plaspole’.  

The initiative, which will create approximately ten jobs, is set to reduce reliance on imported materials and virgin plastics in urban development projects.  

Meanwhile, Pinegro has been allocated A$1m to install decontamination equipment at its Morwell facility within the state.  

This installation will enable the conversion of an extra 65,000 tonnes of organic waste from household green bins into premium landscaping and garden potting mixes each year, creating eight jobs in the process. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

These investments form part of the national Labor Government’s A$515m overarching strategy to overhaul Victoria’s waste and recycling sector to further minimise waste and enhance resource utilisation. 

Victoria Environment Minister Steve Dimopoulos said: “We congratulate Plasgain for its innovation, turning hard-to-recycle waste plastics into critical products for our construction industry – diverting additional waste from landfill and protecting our precious natural environments.”