Visy seeking AU$300M funding

Friday 9 Dec 2011

Australia-based papermaker Visy Industries Ltd. is requesting federal funding for a AU$300-million waste-to-energy (WTE) project it proposes in Australia, reported Waste Management World on 29 November. The project would include a AU$100-million mechanical biological treatment facility to convert municipal solid waste (MSW) into waste pellets to fuel a $AU200-million plant that would generate 75 megawatts of electricity, according to The Australian, Waste Management World reported.

The project is a first of its kind and would be “of national importance,” Anthony Pratt, executive chairman of Visy, told The Australian. Australia does not currently have a WTE plant that processes MSW.

A new clean energy plant has just officially been opened at Visy in Melbourne, reported ABC Riverina on 30 November. The company recently officially dedicated a new $50-million biomass power plant that converts manufacturing waste into energy used to power papermaking at its Coolaroo, Victoria, pulp and paper mill, reported Waste Management World.

Tumut in New South Wales has been proposed by Visy as a site for a AU$100-million clean energy plant, which the company announced in June when it officially opened its second pulp and paper mill there, ABC Riverina reported on abc.net.au. However, Visy is also determining the benefits of siting the plant in Sydney, New South Wales, or in Brisbane, Queensland, according to company spokesperson Tony Gray. A decision is expected by next year.

Source: ForestWeb


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