Blue Sky Plastic Recycling has submitted a planning application to South Kesteven District Council for a new facility in Bourne, Lincolnshire.
The company already operates a facility in the town that separates plastics from WEEE turning it into a high quality regrind.
Due to the success of the company, it hopes to build a new plant on a 2.94 acre site in the town.
Blue Sky Plastic Recycling was founded by Chris Riddle who is also a director of metal recycler BW Riddle.