AU$9.5M grant for paper recycling plantThe Australian Government will provide a AU$9.5 million grant towards a AU$90 million project to construct a de-inked pulp plant at Australian Paper’s pulp and paper mill at Maryvale in Victoria’s Latrobe Valley. The project will also receive support from the Victorian Coalition Government which has worked with the Australian Government to attract new investment to the region.
Construction of the project, which is expected to create 140 jobs, should begin late this year. Initial production is expected in early 2014. The new plant will divert over 80,000 tonnes a year of white waste paper, that would otherwise be exported or go to landfill, into de-inked pulp which can then be used to manufacture recycled fine (white) paper.
Australian Paper expects the plant will enable it to achieve a six-fold increase in output of recycled fibre containing papers and to reduce its reliance on native forest fibre. The plant’s relocation and recommissioning will also be part financed by a loan from Low Carbon Australia, an independent company established by the Australian Government to deliver innovative finance to help the move towards a low carbon economy.
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