The ground-breaking ceremony of the highest food-grade PET flakes and PE resins recycling facility in Hong Kong, officiating by the Secretary for the Environment, Mr. Wong Kam Sing and other guests was held at Lot T6 of the EcoPark on 25 September 2019. The 20-year lease was commenced on 29 November 2018 and New Life Plastics Limited (a JV company formed from Baguio, ALBA Group Asia Limited and Swire Beverages Holdings Limited) operates the plastics recycling facility.
Targeting to commence operation in Q4 2020, the promised minimum throughput capacity is 900 tonnes per month. The waste plastics collected, i.e. PET (drinks bottles) and PE (personal care product bottles) will be recycled into food-grade PET flakes and PE resins which will be exported for manufacturing of plastic products. The food-grade PET flakes can be used in bottle-to-bottle applications while lower grade PET flakes derived from coloured input materials can be used to produce textile products such as clothing, pillows, carpets, etc. PE resins can be used to produce plastic products for general use.
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