Funding to boost plastic recycling
The Morrison Government has invested $20 million as part of round 8 of the Cooperative Research Centres Project (CRC-Ps) to help businesses reduce their plastic waste, boost recycling initiatives and build a sustainable environment through job creating projects.
Federal Member for Bonner Ross Vasta MP said these projects are driving Australia’s waste-recycling industry forward.
“There are nine projects in this round which will see Australia reduce its plastic waste and boost plastic recycling,” Mr Vasta said.
“By working with the waste and recycling industries, we believe the CRC-P grants will help foster innovative ideas that will help boost and strengthen our environment and economy.
“We have seen $289 million committed to CRC-Ps since 2016 as part of the Morrison Government’s commitment to strengthening Australian industry and create 1.25 million jobs in the next five years.”
Minister for Industry, Science and Technology Karen Andrews MP said the projects showed the great economic opportunities in waste recycling.
“Not only are these new projects ensuring Australia’s environmentally sustainable future, they are also creating further opportunities for new jobs,” Minister Andrews said.
“This funding will support Australian businesses and researches as they forge new markets to limit the use of plastics and create recycled products.”
Applications for Round 9 of the CRC-P grants open February 13. For more information visit www.business.gov.au/crc-p