Special Activation Precinct the key to success for advanced recycling facility
US-based global waste solutions company Brightmark is investing $320 million to build Australia’s first large-scale advanced recycling plastics renewal facility in the Parkes Special Activation Precinct.
The facility will be Brightmark’s first outside the US and will process 200,000 tonnes of waste plastics annually, creating 100 ongoing regional jobs.
Brightmark was drawn to the Parkes Special Activation Precinct due to its strategic location and circular economy principles.
The company received extensive support from the Department of Regional NSW, a Jobs Plus Grant from the NSW Government and support from the Commonwealth Government’s Global Business and Talent Attraction Taskforce.
Bob Powell, Founder and CEO of Brightmark commented, “Collaborating with the NSW Government in their Parkes precinct is ideal due to the sustainably minded business environment and community, and its location as a transportation and logistics hub.”
Construction will begin in early 2024, with the new facility expected to be operational in 2025.