The Australian state of Victoria’s recycling capabilities are set to improve significantly with a A$3.4m ($2.2m) investment for six projects.
This funding, drawn from the Recycling Modernisation Fund, will support six new recycling projects aimed at diverting approximately 9,600 tonnes of material from landfills annually in Melbourne and Ballarat within the state.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The funded projects include A$1m each for the Australian Paper Recovery project in Dandenong South and the Schutz Australia Recycling project in Laverton North.
The Repeat Plastics Australia development in Ballarat received A$708,000 while Corex Recycling in Dandenong South and Y and Y Trading in Truganina received A$253,470 and A$250,000, respectively.
NCI Holdings in Tullamarine also received A$175,810.
These projects are together expected to support 15 construction jobs and create 38 ongoing positions.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe new and upgraded facilities will focus on sorting, processing, and recycling used plastics and paper into valuable new products such as transport pallets.
The industry is also contributing significantly, with an additional A$13m being invested in these critical projects.
Australian Environment and Water Minister Tanya Plibersek said: “Australians want to do their part to reduce their waste, reuse and recycle household products, and lighten their impact on the planet.
“This funding is supporting new recycling infrastructure, helping Victorians get value from precious materials that would otherwise go to waste. This is great for the environment, but it’s also great for the Victorian economy.”
