The first three projects to be funded under the Queensland Recycling Modernisation Fund (QRMF) have been announced in a joint statement by the State and Federal Governments.
Minister for the Environment, Meaghan Scanlon said the QRMF supported new projects diverting waste plastics, glass, paper and cardboard and tyres to be made into new commercial products.
Under the QRMF funding, Vinidex has received $652,525 for equipment to increase capacity to shred, wash and micronise waste PVC materials for re-manufacture into new products.
Ability Enterprises receives $513,306 for a plastics recycling project to operate in South-West Queensland.
Casafico receives $175,000 for a manufacturing plant as well as a mobile plant that will process plastics, polystyrene and glass into premium products for the building and construction industry.
Federal Minister for the Environment, Tanya Plibersek said the Government’s Recycling Modernisation Fund was turbo-charging Australia’s circular economy so that when a product was no longer useful for its initial purpose, it was reused, recycled or re-manufactured.
“To power Queensland’s circular economy, we need cutting-edge waste management and recycling facilities — that’s why the Federal and Queensland Governments are co-investing $40 million to create new or expanded facilities,” Ms Plibersek said.
Ms Scanlon said more than 150,000 tonnes of waste would be kept out of landfill annually because of the Queensland Recycling Modernisation Fund.
“By supporting re-using, recycling and re-manufacturing here in Queensland, it will help achieve our goal to divert 80 per cent of waste from landfill and hit 65 per cent recycling by 2030,” Ms Scanlon said.
