Plastic Technologies forms subsidiary to market food-grade rPET production system globally

27-Jun-09

Plastic Technologies, Inc., (USA), a recognized player in plastics packaging industry, has established a subsidiary, PTI Recycling Systems, LLC, to bring its proven LNOc recycled polyethylene terephthalate (rPET) production process to the global marketplace. The process, the company says, is a compact, modular system to produce foodgrade, rPET resin. For the past two years, LNOc resin has been produced for commercial use in the United States, by Plastic Technologies' sister company Phoenix Technologies, Bowling Green, Ohio. The system has been designed to cost-effectively address increased international rPET demand for blow molding, injection molding and thermoforming applications, by efficiently turning post-consumer PET containers into reusable food-grade resin. The equipment requires less than 2,500 sq. ft. and has a production capacity of 10 million pounds or 4,500 metric tons of rPET per year. In addition, the company claims that the 'total cost of ownership' of the LNOc production process is roughly 40% less than other rPET technologies while offering flexibility to double capacity an add-on module.