Viva Energy (ASX:VEA) Partners with Cleanaway on Plastic Recycling Project

Fri 16 May 25, 02:03 AM |

Image source: Shutterstock

Highlights:

Viva Energy and Cleanaway aim to develop large-scale plastic recycling infrastructure in Australia

Over 9.5 tonnes of pyrolysis oil processed at Geelong site in early milestone

FEED phase for the proposed facility expected to begin in 2026

Viva Energy Group Ltd (ASX: VEA) has announced a strategic partnership with Cleanaway Waste Management to explore the development of a large-scale plastic recycling facility in Australia. The initiative seeks to address the nation's growing waste plastic issue by combining Viva’s refining capabilities with Cleanaway’s established collection and processing network.

As part of the project, the companies recently completed a trial that processed over 9.5 tonnes of plastic pyrolysis oil at Viva Energy’s Geelong refinery in Victoria. This step marks one of the first successful integrations of chemically recycled plastic feedstock into a domestic refining operation in the country.

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