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ECO Plastics to build new plant after Coca-Cola deal (Eco news)

ECO Plastics to build new plant after Coca-Cola deal
nebusiness.co.uk reported

PLANS by a Newcastle company to develop a new £15m recycling facility have been approved and work will soon begin on the development which will create 30 new jobs.

Wallsend-based ECO Plastics has received planning permission from Lincolnshire County Council for the expansion at its Hemswell sorting facility.

The plastic bottles recycler is able to proceed with the development after Coca-Cola agreed to invest £5m and enter into a 10-year supplier agreement with it.

ECO Plastics operates one of Europe’s largest plastic recycling facilities with the ability to recycle plastic bottles into flakes (rPET) which can then be used to make new bottles and go into food packaging.

The £15m funding round will allow it to expand its Lincolnshire plant from 100,000sq ft to 140,000sq ft...

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