New plastic waste recycling
facility to be built in Wales
The first company in the UK capable
of recycling waste plastic bottles
back into useful food packaging material
is investing nearly US$21,000,000
to open a new plant in North Wales.
Closed Loop Recycling opened its
first plant in London this past June.
Now, backed by private equity investment
from the Foresight Group and backing
from the Assembly Government, the
company intends to open its second
The new recycling plant, which will
employ 50 people, will take an annual
total of 50,000 tons of water, milk
and other soft drink bottles and
turn them into recycled raw material
for new food and drink packaging.
Company managing director, Chris
Dow said, “This plant will allow
us to make a real impact to plastic
recycling in North Wales and North
West England and we are delighted
to have such positive support from
the Welsh Assembly Government. Until
we started operations there was no
facility to recycle plastic bottles
back into plastic food packaging.
Now that we provide that facility,
the industry is beginning to view
recycled plastic in a new light.”
According to a recent study, the
total amount of plastic bottles entering
the UK waste stream is approximately
525,000 tons a year – equivalent
to an estimated 13 billion bottles.
In 2007, the study found that 4.5
billion bottles were being recycled,
with an estimated eight billion being
exported or sent to landfills.