• The Circular Plastics Australia (PET) has been named as one of the Australian Financial Review's Sustainability Leaders.
    The Circular Plastics Australia (PET) has been named as one of the Australian Financial Review's Sustainability Leaders.
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Circular Plastics Australia (PET) has been named as one of The Australian Financial Review's (AFR) Sustainability Leaders for 2023 in manufacturing and consumer goods for its two state-of-the-art PET plastic bottle recycling facilities.

The joint venture partnership between Pact Group, Cleanaway Waste Management, Asahi Beverages and Coca-Cola Europacific Partners opened the first of its PET plastic recycling facilities in Albury NSW last year, with the second plant in Altona North in Melbourne due to commence operations later this year.

According to Pact Group, when fully operational, the two plants will have the combined capacity to recycle around two billion 600ml PET beverage bottles each year, diverting tens of thousands of tonnes of plastic waste from landfill.

The bottles are processed into high-quality, food-grade resin.
The bottles are processed into high-quality, food-grade resin.

The bottles are collected through container deposit schemes and kerbside recycling bins, and then processed into high-quality, food-grade resin which is used to manufacture new beverage bottles and food packaging. 

The facilities are designed to produce about 20,000 tonnes of recycled PET plastic each a year, says Pact Group. The Albury plant is the largest end-to-end PET recycling facility in Australia, the company claims, with the Altona North site expected to match that once completed. Both sites will create a closed loop solution for plastic beverage bottles where they are made, used, collected and recycled to be given another life.

Pact Group says these new facilities enable Australia to recycle and manufacture PET plastic beverage bottles and packaging locally, without the need to import plastic material for new packaging.

Circular Plastics Australia (PET) is a collaborative effort where each partner has a specific role in creating a closed loop for PET beverage bottles. Cleanaway collects, sorts and delivers plastic waste to the recycling facilities. Pact Group operates the recycling facilities and uses the recycled resin to make new food packaging, while Asahi Beverages and Coca-Cola use the recycled resin to make new beverage bottles.

The Albury recycling plant was opened last year.
The Albury recycling plant was opened last year.

Solar panels are incorporated into the design of the facilities to power some of the operations, and water treatment units and rainwater tanks will reuse and recycle as much water on site as possible.

The facilities received support from the Australian government’s Recycling Modernisation Fund and the NSW government’s Waste Less, Recycle More initiative (for the Albury plant) and the Victorian government’s Recycling Victoria – Recycling Modernisation Fund (for the Altona North plant).

Food & Drink Business

Sydney Brewery says its acquisition of the brewing assets and long-term lease of the White Bay Brewing site in Rozelle, Sydney, will give the brewery capacity to launch new product lines and expand its bar presence.

Lark Distilling Co. has appointed Four Pillars Gin co-founder, Stuart Gregor, as its new managing director and CEO, taking effect from 1 January 2026. He will succeed Satya (Sash) Sharma, who is stepping down after being in the role since May 2023.

Coca-Cola Europacific Partners (CCEP) has signed a five-year partnership with environmental not-for-profit organisation, Landcare Australia, to help protect and preserve Australia’s natural environment.