Aliaxis NZ, Waste Management NZ Ltd and The Plastics Innovation Fund invest $12.5m in Plastic Recycling capability
Aliaxis New Zealand is excited to announce a significant $12.5m investment in our mission to dramatically reduce plastic construction and demolition waste in New Zealand.
We are working with Waste Management New Zealand and Unitec ESRC supported by a grant from the Ministry for the Environment’s Plastics Innovation Fund.
The project includes:
- Investing in new plastic recycling facilities across New Zealand which will sort, wash and shred PVC and HDPE plastic from construction and demolition, commercial and industrial sources
- Establishing a network of metropolitan and regional PVC and HDPE collection services in partnership with Waste Management New Zealand
- Carrying out research with Unitec ESRC into practical solutions to minimise plastic construction waste and help to raise awareness of plastic recycling.
The collected plastic will then be used at Aliaxis New Zealand’s sites to manufacture our next generation of PVC and HDPE piping systems used in building, infrastructure and agriculture projects across NZ, completing the loop and reducing our overall plastic resin importation.
The Plastics Innovation Fund (PIF) will contribute $4.46m to the initiative (35.66% of the overall project investment) and we are one of the first recipients for this ground-breaking new fund.
The project supports all five desired outcomes for the PIF – minimising plastic waste, supporting circular solutions, protecting the environment from harm, supporting the reduction of imported plastic and improving the behaviour of people and businesses.
The first facilities are expected to be operational by 2023 with all sites completed by 2027.
About the Plastics Innovation Fund
The purpose of Te Tahua Pūtea mō te Kirihou Auaha –The Plastics Innovation Fund supports projects that will minimise plastic waste and its harm on the environment. We aim to invest in projects that find ways to use less plastic and make what we do use reusable or recyclable. More information about the fund can be found on the Ministry for the Environment website.
