With this acquisition Veolia will now create a complete circular economy loop. The Group will collect used plastic bottles directly from people’s homes or from businesses, then recycle them and manufacture food-grade plastic granules ready to be made into new plastic bottles. Every year Veolia will recycle 200 million plastic milk bottles and produce 10,000 tonnes of high quality food-grade HDPE pellets.
It should be remembered that recycling plastic will save 75% energy compared to manufacturing plastic bottles from "virgin" materials, which is a saving equivalent to the energy consumption of almost 20,000 homes per year. Recycling plastic will also reduce carbon emissions by 10,000 tonnes per year.
Estelle Brachlianoff, Senior Executive Vice President Veolia UK and Ireland said, "We are very interested to collaborate in this space since co-operation with the manufacturing sector, the people actually making things from recovered materials, is essential in order to be successful for the long term.”
The Mayor of London, Sadiq Khan said “I am determined to redouble efforts to increase the amount London recycles so I am delighted that Veolia has purchased this important facility. This plant will be able to recycle all of the capital’s empty milk bottles – a mountain of waste that would otherwise have been sent to landfill. This is good news for London and good news for the environment.”
 High density polyethylene