Plastic is one of the least recycled products in Australia, with the Department of Environment and Energy’s national waste report showing that just 12 per cent of the 103kg of plastic consumed per person was recycled in 2016-17. More than 87 per cent went to landfill.
The scale of the problem will require many such innovative ventures. David Hodge at Plastic Forests in Australia warns that the cheap cost of producing virgin plastic works against recyclers. The massive investment into fracking in the US has produced hundreds of millions of barrels of oil that is highly suitable for virgin plastic feedstock.