ALBA Group Asia Limited (ALBA), Baguio Waste Management & Recycling Limited (Baguio) and Swire Coca-Cola Limited (Swire Coca-Cola), has formed a joint venture (JV) to operate a state-of- the-art recycling facility for plastic waste in Hong Kong.
With Hong Kong’s high consumption rates of single use plastics, the need for a modern, local plastics waste recycling facility has never been higher. In 2017, Baguio won an open tender issued by the Environmental Protection Department (EPD) for the construction and operation of a post-consumer plastics waste recycling facility located at plot T6, EcoPark in Tuen Mun.
Upon winning the EPD tender, Baguio reached out to ALBA – as a specialist in recycling polyethylene terephthalate (PET) and high-density polyethylene (HDPE) (and in the selling of rPET flake and rHDPE pellet via its 100% affiliate RDB Plastics) – with the logic of joining forces to build a state of the art PET and HDPE recycling plant. This partnership then engaged one of Hong Kong’s leading soft drinks producers, Swire Beverages (now Swire Coca-Cola) – so effectively binding together a local Collector, an experienced PET and HDPE recycler and trader and a leading producer of PET which had the desire to want to be a part of the solution of collecting all of Hong Kong’s soft drink bottles back and producing a food grade quality rPET flake, which could be used in further soft drink bottle manufacturing.
Under the Joint Venture (JV), the processing capacity of the plant will surpass the amount originally tendered, while the PET recycling will be upgraded to produce food grade ready flakes. Furthermore the JV agreed to incorporate a number of environmental features within the plant to further their intentions of minimizing the impact on the environment. These include a largely self-contained water system plus a waste water treatment facility, heat capture and a 250,000 kW photovoltaic system.
The facility is expected to commence operations in the third quarter of 2020 and will have the capacity to process the majority of Hong Kong’s domestic volume of collectable post-consumer PET and HDPE.
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