the £1.15million finance from wrap will allow eco plastics for extending its current bottle sorting and processing facility, to at present recycle a total of 150,000 tones of plastics per year. this investment complements the joint venture, which the business created with cocacola enterprises last year. it will mean that its hemswell plant is now enhanced to process rigid plastic packaging such as pots, plastic bottles, trays, as well as tubs. following wrap&39s backing of the biffa polymers plant in redcar that was given in 2010 this is one more important step towards creating the reprocessing facility that the uk needs to recycle more of plastic resources efficiently. it is essential that rigid plastic packaging is efficiently recycled. if not carried out correctly, rigid plastics can pollute the highly valuable plastic bottle waste stream. it would be bad for the economy and the environment, as well. as the uk&39s capability to process nonbottle plastics packaging increases, it will eventually become feasible for local authorities to gather nonbottle plastics packaging regularly from households at kerbside. in coming three to five years, wrap intends to support high recycling rates for all plastics packaging, but in a manner that allows quality to be sustained so that the best economic and environmental outcomes can also be attained. wrap aims to raise the uk&39s capability to recycle its rigid plastic packaging by 100,000 tons per year with the help of the mixed plastics loan fund. lord taylor, environment minister, said he is delighted to see such investment in eco plastics. according to him, it will raise the amount of plastic that is recycled by 15,000 tones, helping to safeguard the environment and save businesses expenses by cutting back on their utilization of raw materials. the recycling trade is growing, and the government is working to help companies get a foothold in this thrilling new marketplace which will help uk become a zerowaste economy. marcus gover, who is the director of the closed loop economy program, at wrap mentioned recycling is a great british industry and this financial backing represent a further confidence boost. getting the correct reprocessing infrastructure in place is important to turn the developing interest in mixed plastics collections from regional authorities into a reality. marcus further said it would encourage anyone, who has an interest in recycling of plastic packaging, to check the conditions of their mixed plastics loan fund." jonathan short is the managing director of eco plastics. he said the processing of nonbottle rigid plastics packaging is another logical step in uk plastics recycling facility. however, he also mentioned that, it is really important that they don&rsquot run before they can walk. he asserted that the processing infrastructure must be in place before they support further nonbottle rigid plastics assortment across the uk. even after this investment, present collections far outweigh the existing processing capacity, which remains a solemn risk to the entire industry. he further said that they support wraps vision to see this expansion occur in the medium term, enabling companies like eco plastics to create markets for the nonbottle plastic recyclate. according to jonathan, it&rsquos a necessary ingredient for a successful industry. the plant based in north lincolnshire will hire an additional 12 local people, offering sustainable jobs, in addition to developing the nation&rsquos green economy with home grown processing and production turning &39waste&39 into resources. source of information httpwww.ecoplasticsltd.comnewsdetail.aspxid52
