Australia Plastics Renewal Facility
Problems are best solved by meeting them head-on.
By 2025, 60% of the plastic waste will come from the Asia-Pacific (APAC) market. That’s why it’s long been Brightmark’s intention to bring our plastics renewal technology to the APAC region to help solve the planet’s plastic waste challenges globally.
Brightmark is making a bold entrance into the APAC market with the development of plastics renewal facilities in South Korea and Australia. Brightmark will locate its advanced recycling facility in the Parkes, Special Activation Precinct in New South Wales (NSW), Australia, capable of converting 200,000 metric tons of end-of-life plastic waste into new products each year.
The Parkes facility will assist Australia’s circularity targets such as APCO 50% average recycled content in plastic packages. Australia introduced a world-first ban on waste plastic exports to take responsibility for their waste and create a climate for economic development whilst helping the environment. Brightmark’s advanced recycling facility diverts waste plastics from landfills, re-purposing all types of plastic to be ULS diesel, wax, and naphtha to produce fully circular plastics.
“This is a huge opportunity for Parkes and regional NSW to get a slice of the $66 billion AUD global plastics recycling industry which will bring strong economic growth and jobs to the region,” said Deputy Premier and Minister for Regional NSW, Paul Toole. “Brightmark’s $260 million AUD investment in Parkes sends a clear message to other global companies; Parkes is the perfect place to invest, now and into the future.”
–Deputy Premier and Minister for Regional NSW, Paul Toole
Plastic Renewal Projects
No Plastics Left Behind
Each Brightmark Plastic Renewal Facility processes a minimum of 100,000 tons per year of mixed waste plastic and turns it into valuable products.