700 jobs at risk as company collapses

📆 09/10/45 06:19 ص
📰 newscomauHQ

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Plastic Packaging أخبار

Recycling Abilities,New South Wales,End-To-End Recycling Industry

Australia’s biggest plastics and chemical manufacturer has been plunged into voluntary administration putting 700 jobs at risk across two states and creating fears for the country’s recycling abilities.

One of Australia’s biggest manufacturers has gone bust with a factory already slated to close amid concerns about the country’s recycling abilities.

Staff were informed of the company’s collapse in meetings on Wednesday, with the firm operating a factory in Altona, in Melbourne’s west, which employs 450 staff, as well as a factory in Botany, Sydney with 250 workers. The National Plastics Plan 2021 sets out a 70 per cent target of plastic packaging to be recycled by next year.

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