Our other sites
Today's newsletter | Register | Subscribe | Feedback

Scotland offers loans to plastics recyclers

By Anthony Clark
Posted 17 September 2012

The Scottish government has established a £2.5m loan scheme to help support plastics recyclers. The fund will be administered by Zero Waste Scotland and Scottish Enterprise.

The scheme, which builds on recent studies to identify viable business opportunities to boost plastics recycling in Scotland, will support a range of projects from plastic bottles and rigid plastics, such as yoghurt pots, to those that have traditionally been more difficult to recycle, including plastic films, uPVC window and door frames and plastics from waste electrical equipment.

Scotland’s environment secretary, Richard Lochhead, said: "With 280 million bottles collected for recycling a year, Scotland is already making progress in realising the value of waste plastic. Zero Waste Scotland's research highlights how there is potential for businesses to recycle more and different varieties of plastic. The loan fund has been set up to support businesses to take these types of ventures forward. 

“It is part of our drive to maximise the economic and employment benefits of recycling resources again and again, establishing a more circular economy in Scotland.”

Scotland generated around 500,000 tonnes of waste plastic last year, according to government figures. Only around one-fifth of this was able to be recycled and most of this was sent to facilities in England or overseas.

Expanding the country's capacity to recycle plastic could create hundreds of new jobs, boost Scotland's economy, and help to meet the Scottish Government's target to recycle 70% of all waste by 2025.


Comment on this article.

[ Back ]



TOOLBOX

ALSO IN THIS SECTION
MOST POPULAR STORIES
Site Index [ + ]
Site Index [ - ]
Home:  PRW.com | Contact editorial | Contact advertising | Features List 2012 | About us
End Markets:  Automotive | Packaging | Construction | Medical | Consumer Products | Rubber
Processes:  Injection moulding | Blow moulding | Extrusion | Thermoforming
Supplier News:  Machinery | Materials | Recycling | Moulds | Design
Polymer Prices:  LME prices | Market outlooks | Resin selector
Industry Issues:  Environment | Regulation Competitiveness
Plastics Knowledge:  Knowledge Bank
Comment:  Champ Chat | Clark's Place | Editorials | Business features
People:  Movers & Shakers
PRW Business Directory:  Directory
Classifieds:  Jobs | Classifieds
View:  Mobile | Desktop
Our Events:  PDM | Conferences
Industry Awards:  Industry Awards
Diary: Diary
Advertise with PRW
Subscribe:  PRW print | E-mail products
Reprints:  Reprints
List Rental:  List Rental
Crain Communications:  Crain Communications | Crain Publications

Entire contents copyright 2013 by Crain Communications Inc.
Plastics & Rubber Weekly and PRW.com are published by Crain Communications Ltd (registered in England & Wales No. 01576350).
Registered Office: 100 New Bridge Street, London, EC4V 6JA, United Kingdom.