Timberlink to build Tasmania’s first bio composite plant. The project capital cost is $12 million and the Federal and State Government have co invested in this project with a $5.8 million grant to create this new industry in Tasmania. The project is shovel ready and will commence immediately. Timberlink intends to have the project completed and in production by December 2022.
The Bio Composite plant will produce Wood Plastic Composite (WPC) products that will upcycle plastic waste and plantation timber mill residues, producing decking and screening for commercial and residential applications. This technology will enable Timberlink to manufacture a wide range of WPC products over time.
The Timberlink Wood Plastic Composite Plant intends to source the recycled HDPE (a type of Plastic) for the core of the product from Tasmania; utilising existing industry capability and ensuring that the feedstock for this plant where possible is a Tasmanian on-island solution. This will significantly enhance the circular economy in Tasmania and generate economic value to Tasmania as these products will be sold in Tasmania and the mainland. At full production, the project will divert HDPE plastic from landfill at an equivalent to an approximate 83% increase over current HDPE recycled in Tasmania based on FY19 levels said David Oliver, Timberlink’s EGM Sales, Marketing & Corporate Affairs.
The energy to power the plant will be sourced from Tasmanian Hydro Power and a solar farm located on the roof of the new facility. Rainwater tanks will be installed to harvest rainwater which will be used for cooling in the manufacturing process.
Timberlink is a leading Australasian timber products manufacturing business. The business has two sawmills at Bell Bay (Tasmania) and Tarpeena (South Australia) that manufacture plantation structural pine products.