After many months of hard work, CEO of Australian Paper, Jim Henneberry, has announced that Australian Paper’s proposed $90 million recycled paper plant has been approved by Nippon Paper Group.
Earlier this year, Australian Paper called for the support of Australians, as the company assessed the $90 million investment for a recycling plant and associated equipment at its Maryvale Mill.
“We received overwhelming support for this project from state and federal government, major customers and key stakeholders, environmental organisations, unions, local community representatives and you.,” said Mr Henneberry.
The Australian Government will provide a $9.5 million grant towards the $90 million project to construct the de-inked pulp plant.
Federal Minister for Industry and Innovation, Greg Combet, said the Commonwealth Government was pleased to support this project which will create new jobs and skills and help secure Australian Paper’s operations in the Latrobe Valley.
“Australian Paper’s decision to install this plant demonstrates a commitment to cleaner manufacturing and will provide Australians with greater access to recycled paper. This project is an example of the type of investment Australian manufacturers need to make to maintain their competitiveness and capture new opportunities,” Mr Combet said.
Mr Henneberry believes the major investment is good news for the environment and for Australian jobs.
“It will divert up to 80,000 tonnes of waste-paper from landfill each year and more than triple our current usage of premium recycled fibre. By 2015 almost all of our office and stationery papers will contain a range of recycled content to meet Australia’s needs,” Mr Henneberry said.
Construction of the recycling plant is expected to commence within months, with production expected to start in early 2014.
“Including flow-on employment, the plant will support more than 950 full-time equivalent (FTE) jobs in the year of its construction and around 250 FTE jobs in operation. Construction and ongoing operation of the plant will drive more than $160 million of combined value into the economy,” Mr Henneberry added.