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[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. |
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