ECO Plastics is set to boost its rigid plastic packaging recycling capacity by 15,000 tonnes after landing a £1.15m loan from WRAP.
The advance is the latest to be handed out from WRAP’s Mixed Plastics Loan Fund, designed to boost the UK’s capacity to recycle rigid plastic packaging by 100,000 tonnes per year.
ECO Plastics will be able to extend its existing bottle sorting and processing facility to recycle 150,000 tonnes of plastics annually.
The company’s Lincolnshire facility is now better able to process rigid plastic packaging such as tubs, pots and trays, as well as plastic bottles.
ECO Plastics managing director Jonathan Short said the processing of non-bottle rigid plastics packaging was the next logical step in UK plastics recycling infrastructure.
He added: “It is vitally important that we don’t run before we can walk - the processing infrastructure must be in place before we encourage further non-bottle rigid plastics collection across the UK.
“Even after this investment, current collections far outweigh the available processing capacity, which remains a serious risk to the whole industry.
“We support WRAPs vision to see this growth occur in the medium term, allowing companies like ECO Plastics to develop markets for the non-bottle plastic recyclate. It is an essential ingredient for a successful industry.”
Environment minister Lord Taylor said: “The recycling industry is growing and we’re working to help companies gain a foothold in this exciting new marketplace, which will help us become a zero-waste economy.”
WRAP said this was “another important step towards building the reprocessing infrastructure that the UK needs to effectively recycle more of our plastic resources”.