Hon. Greg Combet, the Minister for Industry and Innovation, has announced that more than $2.2 million in funding will be used by the Gillard Government to help three south-west Sydney companies reduce their carbon emissions but at the same time increase their overall competitiveness and sustainability.
In a media release, Combet announced that Ardagh Australia Pty Ltd in Milperra, Tacca Industries Pty Ltd in Moorebank and Barron & Rawson Pty Ltd in Revesby will be receiving funding from the Clean Technology Investment Program.
“These three projects are examples of how the Gillard Government is working in partnership with manufacturers to cut costs, improve competitiveness and cut carbon pollution,” Mr Combet said.
According to the media release, Ardagh Australia has been offered a $1.8 million grant to help fund a $5.4 million project that aims to consolidate its manufacturing activities. The company is planning to upgrade can-making lines and replace a coil line at their Milperra site. Ardagh’s carbon emission intensity is expected to be reduced by 48 percent through the project and bring about savings of $250,000 in energy costs per year.
Plastic packaging manufacturer Tacca Industries will receive $259,412 to help install solar PV systems. Their 200kW system is expected to cut its carbon emissions intensity by 21 percent and result in savings of $29,000 in energy costs per year.
Meanwhile, Barron & Rawson will also be installing a solar PV system using the $134,706 funding. Their 100kW system is expected to cut carbon emission intensity by 16 percent and save $24,000 in energy cost per year. Barron & Rawson is a designer and manufacturer of specialised plastics for Australian and international markets.
Both Tacca Industries and Barron & Rawson are matching the Government’s contribution on a dollar-for-dollar basis.
“The Clean Technology Programs are funded from the carbon price and have been put in place by Labor to help manufactures cut costs, improve competitiveness and prepare for a low carbon economy,” Mr Combet said.
Local manufactures are encouraged to apply for the $800 million Clean Technology Investment Program or the $200 million Clean Technology Food and Foundries Investment Program.