An Australian company that promises to save 96 per cent of waste from landfill through state-of-the-art technology could be thrown on the scrap heap itself.
Bioelektra has been engaged to construct a resource recovery facility outside West Nowra on the NSW south coast.
Without the need to separate out trash, the firm claims it can swiftly recover and recycle everything possible, leaving a mere four per cent for landfill without any unpleasant odours or the need for incineration.
“We are the answer to global challenges of circular economy and sustainable development,” Bioelektra says on its website.
The centre was expected to be operational this year, creating 200 jobs and reducing the need for the nearby Shoalhaven landfill which was reaching capacity.
However, a new Federal Court lawsuit could end this with insurance law firm Gilchrist Connell seeking orders that Bioelektra be wound up.
Bioelektra is allegedly insolvent after failing to pay an unspecified amount of debts owed to Gilchrist Connell.
A Federal Court hearing has been scheduled for May 26.
Read Related Also: Is Tyler Posey Related To Parker Posey? Family And Net Worth Difference
In March last year, Shoalhaven City Council Mayor Amanda Findley praised the project’s potential after gaining development consent from the NSW government.
“The facility will use advanced processes to recover and recycle as much household waste from the red bin as possible,” she said.
“This system is far superior to any other currently operating in Australia.”
Bioelektra, which has its global headquarters in Poland, won the Dell Circular Economy People’s Choice Award and the Energy Globe National Award in 2017.
The firm did not respond to multiple requests for comment.
Sign up here to receive our daily newsletters and breaking news alerts, sent straight to your inbox.
