Enretec to function as representative and implementation partner in key Western U.S. markets.
RES Polyflow, an Akron, Ohio-based company, has formed a new company called Enretec to open sites in the Western United States that use RES Polyflow’s plastic recycling technology.
Enretec, headquartered in Nevada, is owned and operated by RES Polyflow as well as the principals of its investor group Polyflow West, which is RES Polyflow’s development and implementation team.
Jay Schabel, CEO of RES Polyflow, says that the joint venture firm is a key first step toward full commercialization. “As we prove this highly productive and profitable technology operating with continuous feed at full production output, our focus moves to expanding our ability to provide qualified resources to support our growth. Our partners within Enretec have access to the talent, capital and industry partners in the western states that will enhance our ability to support rapid deployment and growth.”
RES Polyflow says its process is easily scalable once implemented and can be expanded to meet feedstock volume and liquid fuels output demand in a given market. Enretec principal Richard Holub sees the economic advantage of deploying RES Polyflow’s energy recovery technology in major markets as a profitable alternative to more traditional forms of disposal of problematic plastic waste streams.
“After a thorough evaluation of the competition and the RES Polyflow technology, we are convinced that the RES Polyflow process represents the best use for this segment of the municipal solid waste stream.” says Holub. ”As the exclusive representative and implementation partner for RES Polyflow in key markets of Arizona, California and Nevada, Enretec looks forward to engaging qualified investors for our operating entities.
RES Polyflow is completing the startup phase of a full scale processing facility in Northeast Ohio. When that facility is completed it will be capable of converting 60 tons per day of plastic scrap into transportation fuels on a continuous basis.
RES Polyflow designs, markets and manufactures energy recovery systems that offer an end of life solution for mixed plastic and rubber waste including tires, carpeting and e-waste. RES Polyflow’s continuous feed process equipment converts these items into renewable transportation fuels, octane enhancers and aromatics using a patented waste to energy conversion process.