Australian Paper will start construction of its new $90 million paper recycling plant at Maryvale in Victoria later this month.
“Last week's ground-breaking ceremony marks the first stage of construction and Australian Paper acknowledges the confidence that our parent company Nippon Paper, the Victorian Government and the Australian Government have shown in local manufacturing by supporting this plant,” said Australian Paper CEO Jim Henneberry.
“The Maryvale recycling plant is a key part of our strategy and will create more than 960 full-time equivalent (FTE) jobs during its construction,” Henneberry said.
The recycling plant is expected to contribute $51 million to gross domestic product each year and support 246 FTE flow-on jobs.
“It is a win for the local economy, a big plus for the environment and an investment that will support Maryvale’s role in the local community for years to come,” Henneberry said.
The plant, which is expected to be fully operational in early 2014, will generate 50,000 tonnes of premium recycled pulp each year, diverting up to 80,000 tonnes of waste paper from Australian landfill.
“We hope that businesses across Australia will support Australian made recycled paper – not just because it is a great product but because it delivers real benefits in terms of community, the environment and a healthy and sustainable local economy,” Henneberry added.