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Nestle to Invest £7 Million for New Plastic Recycling Plant in Durham

Nestle to Invest £7 Million for New Plastic Recycling Plant in Durham

Specifications:

Name:

Nestle to Invest £7 Million for New Plastic Recycling Plant in Durham

Location:

Durham

Company:

Nestle

Estimated Cost:

£7 Million

Source:

https://www.nestle.co.uk/

Introduction:

A breakthrough plastic recycling plant is set to open in Durham with a significant investment from Nestlé UK and Ireland.

Features:

The site, when it opens, will have the capacity to take 25,000 tonnes of this plastic, and produce the pellets which can be used to replace virgin plastic films in construction and agriculture, as well as or to make bin bags. This means the facility has the potential to recycle more than the amount of flexible plastic packaging Nestlé UK and Ireland places on the market.  

Impact Recycling will open the new facility to process hard-to-recycle flexible plastics, typically used in food packaging, into pellets which can be used to make new flexible products such as postbags and refuse bags.

Nestlé has agreed to provide Impact Recycling with a £7 million loan to get its pioneering process off the ground and as well as a grant from Innovate UK, the site is set to be operational in late Summer 2024.