New Life Plastics is a Swire Coca-Cola-led joint venture dedicated to creating a circular economy for plastic bottles in Hong Kong. The plant has the capacity to process two million bottles per day, which is equivalent to around 50% of all the plastic beverage bottles consumed in Hong Kong. The business turns used plastic bottles into food-grade ready PET flakes to be remade into new beverage bottles. The caps and rings are also suitable for a broad range of manufacturing applications. The facility has been designed to the highest sustainability standards for solar power generation and wastewater management and has a viewing gallery so that educational tour groups can learn how plastic waste is being diverted from landfill to begin a useful new life.