A 100,000 tonnes per year flexible and rigid plastics recycling facility is to be developed by Jayplas in Swansea.
The £45 million investment will also include a £12 million non-repayable capital finance grant from the Welsh Government.
It will be located at the former Toyoda Gosei factory in Swansea.
The plant will be developed over three phases to include:
- a mixed kerbside rigid plastics and film sorting plant
- a bottle wash and extrusion plant
- a flexible packaging wash and processing plant.
Jayplas commercial manager Kerry O’Neill said: “Jayplas are delighted to announce we are opening a Plastics Processing and Manufacturing plant in Swansea.
“We have worked closely with the Welsh Government to expand our operations into Wales. We will utilise the latest, state of the art technology to ensure we have market leading facilities producing the highest quality products and bring long term investment and sustainable employment to the area.”
Welsh Minister for the Economy Vaughan Gething added: “I’m delighted to welcome Jayplas to Swansea for this significant development and vote of confidence in our workforce and net zero ambitions..
“Increasing capacity to reprocess and recycle plastic here in Wales opens opportunities to create an innovative and sustainable industry. This project includes significant skilled and green job creation, supports our decarbonisation journey, increases our reprocessing and recycling capacity and supports a stronger, fairer and greener economy.”