Eco Plastics has received planning permission to expand its Hemswell, Lincolnshire sorting facility in a joint venture with Coca-Cola Enterprises (CCE).
The £15m expansion, of which CCE is providing £5m, was signed in March. Food-grade recycled PET generated from the additional infrastructure will be used by CCE to make new plastic bottles.
Eco Plastics’ plant currently has a capacity of 100,000 tonnes a year, which will increase to 140,000 tonnes a year following the expansion.
Eco Plastics chairman Peter Gangsted said: “Today’s announcement is the next phase in Eco Plastics’ development. Over the last year we have successfully transformed our plant into the largest and most sophisticated in Europe, renamed the business and signed a major deal with the world’s biggest beverage brand.
“We will not take our foot off the pedal and expect to start construction over the summer in order to have the site operational in time for the 2012 Olympics.”