Ground-breaking of New Plastics Recycling Facility Heralds Creation of Closed-loop Economy for Reusable Plastic Containers
Year of Publication
2019
The press release announces the ground-breaking of a joint venture project between ALBA Group Asia Limited, Baguio Waste Management & Recycling Limited, and Swire Coca-Cola Limited, which will establish the first food-grade ready plastics recycling facility in Hong Kong.
Source:
Swire Pacific
Author(s):
Geography:
Hong Kong
Type:
Strategy
Purpose of Measurement:
Solution Sets and Impact Potential
Impact theme(s):
Material Flows, Capital Flows
The press release announces the ground-breaking of a joint venture project between ALBA Group Asia Limited, Baguio Waste Management & Recycling Limited, and Swire Coca-Cola Limited, which will establish the first food-grade ready plastics recycling facility in Hong Kong. Located in Lot T6 of the EcoPark, Tuen Mun, the state-of-the-art facility will be operated under the banner of New Life Plastics Limited and is expected to process and recycle 35,000 metric tonnes of post-consumer PET and HDPE plastic materials annually. The facility aims to create a closed-loop economy for reusable plastic containers, promoting sustainable living in Hong Kong.