Packaging
PWP INDUSTRIES TO BUILD SECOND IN-HOUSE RECYCLING CENTER
Thursday 16. July 2009 - SUCCESS OF RECENTLY OPENED WEST VIRGINIA FACILITY PROMPTS MOVE TO CONSTRUCT NEW CENTER IN CALIFORNIA
In another step that demonstrates industry leadership in environmental stewardship, PWP today announced plans to open a second recycling facility that will require an initial investment of approximately $20 million, according to PWP Industries Chairman & CEO Leon Farahnik. The new facility will be located in the state of California and is expected to be operational in the second quarter of 2010.
Last month, PWP opened an 80,000-square-foot in-house post-consumer recycling center in Davisville, W. Va. The facility is one of the first in North America by a thermoforming company. For the second planned center, PWP will again work with Coca-Cola Recycling LLC of Atlanta to convert post-consumer polyethylene terephthalate, or PETE, bottles into Food and Drug Administration (FDA)-compliant resin for food-grade suitable material.
Upon opening in 2010, the facility is projected to have an annual capacity to recycle 40 million pounds of PETE bottles. A second phase, projected to be operational during the second quarter of 2011, will increase annual capacity to 80 million pounds of PETE bottles.
“With the successful start-up of the West Virginia facility, we believe the time is right to build the largest Post-Consumer recycling facility in PWPs founding state of California. This will enable us to further our commitment to save energy, reduce the output of carbon dioxide and keep plastic out of landfills,” said Farahnik.
Based on the annual capacity to recycle 80 million pounds of post-consumer recycled PETE bottles, Farahnik estimates that PWPs new recycling center will result in:
1. The elimination of 60,000 tons of carbon dioxide or the equivalent of what 10,000 passenger cars produce in a year.*
2. A reduction of 296,000 cubic yards of landfill space or 56 football fields one yard high.
3. A reduction of 780 million kilowatt hours which is enough energy to power 50,000 homes or Flagstaff, Arizona for one year.*
*Figures from the EPA Greenhouse Gas Equivalencies Calculator.