18 Mar 2022 --- Australia’s largest PET recycling plant is now operational and expected to substantially reduce the country’s plastic waste by recycling the equivalent of approximately one billion PET beverage bottles each year. The AUD$45 million (US$33 million) plant in Albury-Wodonga has boosted regional jobs and is helping to build a domestic circular economy. It has also increased the amount of locally-sourced and recycled PET in Australia by two-thirds, from around 30,000 tons to over 50,000 tons annually.