"Continuum Recycling Ltd" reflects goal of continuous process of use, recycling and re-use ECO Plastics start work on new facility and now actively hiring for 30 new roles
Coca-Cola Enterprises Ltd (CCE) and ECO Plastics have revealed the name of their pioneering joint venture. A first for the UK recycling and beverage industries, the new business will be known as Continuum Recycling Limited.
The name reflects the fact that the joint venture company will establish a continuous process for re-processing plastic bottles in the UK. Used plastic bottles will be recycled in Lincolnshire and the high quality materials produced will be re-used in new Coca-Cola bottles.
Jonathan Short, managing director of ECO Plastics said: "Today's news is important because it demonstrates again our commitment and progress towards realising what will be a revolutionary project for the British recycling and beverage industries. I'm delighted that we are on track to deliver against the ambitious project timetable.
"ECO Plastics' plant is already the largest and most sophisticated in Europe and having put the finishing touches to a £24m financing packaging in the last month, we will now be able to increase capacity from 100,000 tonnes to 140,000 tonnes of mixed plastic bottles per year, just under 50 percent of the total collected last year.
Nick Brown, commercial recycling manager at Coca-Cola Enterprises Ltd said: "We are delighted to see that work has started on the new facilities where Continuum Recycling will reprocess bottles to produce high quality material for reuse in our packaging. We are also really pleased to see the start of recruitment for the skilled roles, which will make this new business a great success.
"Continuum Recycling is a great name for the business; it explains how effective recycling will lead to a continuous process of use, recycling and reuse for plastic bottles. This is a really important step in CCE's journey to transform recycling in GB."
Since the announcement that ECO Plastics had received planning permission for a £15 million expansion in May, work has advanced rapidly and ground works; foundations and a new road have all already been completed.
The new facility will increase the amount of high-quality bottle-grade rPET currently produced in the UK to more than 75,000 tonnes a year, more than doubling the current total. Having been transformed into food-grade rPET pellet by Continuum Recycling, these will then be used in Coca-Cola bottles, enabling Coca-Cola Enterprises to meet its target of including 25 percent recycled PET in all its plastics packaging by 2012.