[Morrisons buys stake in
soft plastics recycling facility
15 November, 2021 | by The Retail Bulletin]
[Supermarket chain Morrisons has
acquired a “significant stake” in a
soft plastics recycling plant in Fife, Scotland,
owned by Yes Recycling.
The move means the retailer will become
the first supermarket in the UK to own
its own recycling operations.
Morrisons said the plant in Fife
has an “initial capacity” of 15,000 tonnes
and will process hard-to-recycle
soft plastic – including chocolate wrappers,
crisp packets, and food film.
In September, Yes Recycling
said the plant is set to “open fully”
by the end of 2021.
The retailer said it is now
“looking at ways to use the
recycled material from the site
for a range of applications,
including store fixtures and fittings”.
In addition, new “Ecosheets”, are
being manufactured at the site for
use in the agriculture and construction industry.
Ecosheet is an “environmentally friendly
alternative to plywood”,
which can be used in construction
and agriculture industries.
Jamie Winter, procurement director
at Morrisons, said: “Lots of work has been done
by retailers to reduce plastic,
but little to recycle what remains.
We’re taking on that challenge
and making a significant investment in
a state-of-the-art soft plastic recycling site.
It’ll take problematic plastics,
recycle them here in the UK,
and give them a new life”.]
[The move comes as Morrisons has
pledged to recycle and reuse the
equivalent amount of plastic it puts
on to the market within its own recycling
facilities by 2025.]
https://www.theretailbulletin.com/ne...ty-15-11-2021/
Good Move.