The first closed loop plastics recycling facility in Ireland has been heralded as a perfect example of the countrys potential to develop marketable environmental processes.
Technology for closed loop processing of HDPE and PET was developed by the Shabra Group which invested 3.7million euros to extend its existing LDPE plant in Castleblayney in County Monaghan.
The plant was opened by Irish Government Minister for Enterprise, Trade and Employment Michael Martin. He said: This is an important day, not just for Shabra and Castleblayney, but for recycling in Ireland. The company has used the talent and skills of its workers to develop new technology, which will benefit the environment for years to come.
"I firmly believe that industry should be looking on the environmental issue as an opportunity and not as a burden. Ireland has the expertise to develop new environmental processes and skills, which can be marketed internationally. Shabra is the perfect example of this.
By expanding its operations and capacity the company has also created 35 new jobs and is looking at recycling more grades of plastic at what it said was the first and only plant in Ireland washing and reprocessing post consumer plastic bottles.
Shabra joint managing directors Rita Shah and Oliver Brady also announced investment of 1.5 million euros for research and development.