Glass manufacturer Visy will invest in a multi-million upgrade of its Material Recovery Facility on Gibson Island in Murrarie alongside other plans to expand its operation in QLD.
Under the plan, Anthony Pratt, Visy Executive Chairman, also announced the construction of a new glass food and beverage container recycling and manufacturing facility in Yatala for $500 million and a corrugated box factory at Hemmant for $150 million.
“This is the largest investment Visy has ever made in Queensland,” Mr Pratt stated. “It is part of my pledge to invest $2 billion in Australia over the decade.”
“The upgrade to our facility at Gibson Island will see an additional up to 30,000 tonnes of material diverted from landfill each year.
“Visy currently recycles over 250,000 tonnes of material from kerbside collections a year and is proud to service the majority of South East Queensland’s recycling needs.
“Recycling is an important weapon against climate change and the Queensland Government is to be congratulated for its support for practical environmental measures, like recycling, that all Queenslanders can participate in.
These investments are expected to create more jobs for the people of Queensland. The Murarrie facility alone is set to add 11 more jobs.
“This investment will see the installation of state-of-the-art recycling technology at Visy’s Gibson Island site in Murarrie,” Member for Bulimba Di Farmer said. “We’re supporting jobs and the environment by improving recycling capabilities. It’s a win-win project.”
It comes as Visy will shift its glass manufacturing operations from West End to Yatala by 2025 to pave the way for the construction of the International Broadcasting Centre for the 2032 Olympic Games. This project will also create at least 900 jobs during construction and over 300 jobs once the facility is open.