• Food-Grade Plastics Recycling Centre a First for Hong Kong

    31 December 2019

    ALBA Group Asia, Baguio Waste Management and Recycling and Swire Coca-Cola have started work to build the first food-grade ready plastics recycling facility in Hong Kong. Located in EcoPark, Tuen Mun, the recycling facility for plastic waste will operate under the banner of New Life Plastics.

    Once complete next year, the facility will be able to process and recycle 35,000 tonnes annually of post-consumer PET used in clear beverage bottles and HDPE, the plastics in personal care containers. The facility is expected to handle 100 tonnes of plastics a day.

    Three-stage processing will turn classified PET and HDPE plastics waste into food-grade ready rPET flakes and high grade rHDPE pellets, which can be reused as raw materials for new, high-quality consumable or industrial products. This recovery process prolongs the life of reusable plastics.

    The new facility is designed with green features including waste water treatment, full photovoltaic solar panels, heat recovery from its HDPE extrusion line and air compressors. NLP has successfully secured a green sustainability-linked loan from HSBC acting as the venture’s sole lender and green structuring advisor.



    PRC Magazine - The Centenary 100th Issue

    Asia's Most Iconic Buildings 2000 - 2020 were nominated by the readers of PRC Magazine. 100 projects were selected and put to a public vote from 21 Oct to 08 Dec 2019. The Top 25 projects were revealed at the PRC Magazine Centenary 100th Issue Launch Party & Cocktail Event, held on 19 December at The CODE.


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