BINGO’s West Melbourne recycling centre is set to become an important asset within Victoria’s network of recycling infrastructure, with BINGO targeting a resource recovery rate of over 75 per cent.
BINGO entered the Victorian market in 2017 through several strategic acquisitions. In the last 12 months, the company has invested in excess of $50 million in acquisitions and committed an additional $50 million for upgrades of local waste management businesses and poorly managed post-collections assets.
BINGO’s Managing Director and CEO, Daniel Tartak, said “I am extremely proud to be unveiling our innovative West Melbourne Resource Recovery Centre.
“Despite being a relatively new entrant into the market, we are confident that we have the ability and know-how to be stewards for change and lead the Victorian recycling market to achieve enhanced sustainability outcomes. We are keen to help the Victorian Government significantly raise the standards and compliance within the waste industry, right across the state.”
“The upgraded facility is a great example of what BINGO is able to achieve in transforming previously poorly-managed post collections assets. Large-scale infrastructure projects like this one will help reduce Victoria’s dependence on landfills, create new jobs and drive further investment in recycling facilities,” Daniel said.
BINGO’s vision is “Pushing for a Waste Free Australia”. This vision places BINGO in a unique position to assist Victoria in its move towards a circular economy, through providing a recycling-led solution to ensure waste is diverted from landfill.
Victoria’s population and economic growth is fuelling increases in waste volumes. The state is expected to be producing 21 million tonnes of waste per year by 2044, with Metropolitan Melbourne accounting for 80 per cent of the state’s waste generation.
For further information
Chris Jeffrey, BINGO Industries 0400 154 176
Chris Gordon, BINGO Industries 0467 333 440