Leaders in the packaging value chain joined forces to further advance a circular economy for plastic packaging in Australia. Amcor, a global leader in developing and producing responsible packaging solutions, and Mondelēz International, Inc., the company with iconic snack brands Cadbury, The Natural Confectionery Co., Pascall, and others, are investing in advanced recycling technology pioneer Licella in an important step towards ending plastic waste.
The investments will help Licella progress construction of one of the first advanced recycling facilities in Australia. It will use its innovative Catalytic Hydrothermal Reactor (Cat-HTR™) technology to recycle end-of-life plastic back into a crude oil substitute suitable to produce new food-grade plastic packaging.
