New Life Plastics PET and HDPE Recycling Project Changing - PowerPoint PPT Presentation

New Life Plastics – PET and HDPE Recycling Project

Changing Attitudes to Plastic Waste • Increasing international concern over plastic waste – including Hong Kong • Increasing controls on the trans- shipment of plastic waste • Brand owners desire to be considered ‘Green’ and to meet new standards for incorporating recycled products • Recycled plastics materials replacing virgin materials in production but there is insufficient capacity • Closed-loop partnerships enabling high quality input and output of recycled plastics materials (eg. rPET) Page 2

Project Brief • Hong Kong’s first food grade quality PET recycling plant • Joint Venture between ALBA Group, Swire Coca-Cola and Baguio Green Group • Commence operations in Q3 2020 • Annual throughput of >35,000 tons Page 3

Partners for a Closed-Loop Pilot project in Hong Kong – New Life Plastics Sorting Local Partner • Local Expertise • Construction Experience • Staffing • Operation Know-How Collection Processing Market Use: High Quality eg. rPET- Recyclate Bottling • Project identification • Consumption of end-products Page 4

Ramp-up Phase Prior Operation Start Exporting Hong Kong PET bales to Germany Page 5

EcoPark T6 - New Life Plastic Page 6

PET Recycling Process Flow Page 7

HDPE Recycling Process Flow Page 8

Implementation  Building design: JUL 2019  Equipment selection: SEP 2019  Construction start: SEP 2019  Equipment installation JUN 2020 Construction completion: JUL 2020   Testing and commissioning: AUG 2020  Start of operation: SEP 2020 Page 9

Planned Green Features Heat Recovery from Air Compressors PV Panels generate Heat recovery from 170,000 kWh/a extrusion of HDPE Energy Saving Lighting System Industrial Water Recycling Page 10