ADS acquires Jet Polymer Recycling
Hilliard, Ohio-based Advanced Drainage Systems Inc. (ADS), a plastics recycler and provider of water management solutions in the stormwater and septic wastewater industries, has acquired Jet Polymer Recycling, a privately owned recycling company headquartered in Fort Payne, Alabama. The terms of the transaction were not disclosed.
“We are excited to welcome Jet to ADS,” says Scott Barbour, president and CEO of ADS. “This acquisition advances our strategic priority to expand the ADS Recycling capabilities to support future growth while also underpinning ADS’ commitment to environmental sustainability.”
According to a news release from ADS, the transaction secures high-quality recycled plastic to leverage in the company’s on-site septic wastewater business. It also provides the company a platform to obtain additional high-density polyethylene (HDPE) in the southern U.S., which remains a key growth area for ADS and Infiltrator Water Technologies, an ADS subsidiary.
Jet Polymer Recycling has locations in Fort Payne and Montgomery, Alabama, and in LaGrange, Georgia, ADS says. The company is the largest supplier of recycled polypropylene (PP) to Infiltrator.
ADS Recycling, formerly Green Line Polymers, purchases HDPE bales, flakes and pellets from postconsumer and postindustrial sources. According to ADS’ 2020 sustainability report, in its 2020 fiscal year, the company reprocessed 81 percent of the recycled HDPE purchased by ADS through its recycling operations. Infiltrator mainly buys recycled HDPE flakes and pellets and PP scrap from postindustrial and postconsumer sources. In its 2020 fiscal year, ADS’ recycling operations reprocessed 27 percent of the recycled plastic Infiltrator bought.
Cyclyx to build plastic recycling facility on Gulf Coast
Cyclyx International, a plastic feedstock management company based in Portsmouth, New Hampshire, has announced it is developing a plastic recovery facility to process postuse plastics for committed offtake associated with advanced recycling projects on the Gulf Coast. This includes ExxonMobil’s large-scale postuse plastic advanced recycling facility recently announced for Baytown, Texas.
According to a news release from Cyclyx, engineering work has begun on the proposed facility, which will open this year. The site is expected to process up to 60,000 metric tons of recycled plastic feedstock annually.
Cyclyx says it plans to develop a network of similar facilities, linked to committed offtake agreements, to support growth in advanced recycling.
The company says it is designing the facility to allow for the processing of plastic scrap feedstock customized to the needs of individual customer specifications. Cyclyx says it will source postuse mixed plastics for the project via a range of existing sources while continuing to expand its collaboration with companies from across the value chain to develop circular solutions for difficult-to-recycle plastics.
“We are excited to launch this phase of the company’s growth strategy,” says Joe Vaillancourt, CEO of Cyclyx. “The development of these customized plastics recovery facilities is critical in meeting the growing needs of advanced recyclers and is a big step forward toward our mission of helping increase the plastic recycling rate from 10 percent to 90 percent.”
Cyclyx was founded jointly in early 2021 by Agilyx Corp., an advanced chemical recycling company based in Tigard, Oregon, with ExxonMobil Chemical Co., Irving, Texas. Since its founding, a growing number of companies has joined the feedstock management consortium.
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