Veolia invests £70 million in an innovative recycling plant in the UK

Veolia has announced a £70 million investment to build the UK's first closed-loop plastic recycling plant, located in Battlefield, Shropshire. This innovative project will process 80,000 tonnes of plastic annually, creating 130 local jobs. The plant, scheduled to be operational by early 2026, will be a pillar of Veolia's commitment to the circular economy in the UK, with a total investment plan of £1 billion by 2030.

The project includes cutting-edge technology to recycle PET into food packaging, saving 70% CO2 compared to using virgin materials. Announced during President Emmanuel Macron's visit, this investment is part of several Veolia green initiatives, reinforcing its pioneering role. According to Veolia, this plant addresses an urgent need for innovative recycling facilities in the face of declining demand and macroeconomic concerns.