United Kingdom – Waste management firm Panda is investing EUR 15 million (US$ 18.5 million) to build a plastics recycling facility in Corby, UK. The subsidiary of the Irish Beauparc Utilities Group says the new facility is a part of its growth strategy
The new plant will process around 10 to 15 000 tonnes of plastic film every year and provide employment for a crew of 40.
It will be constructed at the existing site in Corby, which Beauparc owns through its acquisition of UK firm New Earth Solutions.
The facility will be operational this August, at which time it will start manufacturing plastic bags and refuse sacks for supermarkets as well as pellets.
Beauparc hopes the new investment will help boost plastics recycling in the UK, thus countering Chinese restrictions on European secondary materials.
Eamon Waters, ceo of Beauparc comments: ‘China has moved extremely quickly to close its border to plastics from Europe and we must react quickly in order to continue to collect our customers recycling bins.’
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