Fox Petroleum Inc., New York City, has announced that its Resource Polymers Inc. subsidiary has finalized its PET (polyethylene terephthalate) recycling plant and has begun processing PET as well as polystyrene. The first phase of the new plant, in Hamilton, Ontario, will be brought to full capacity in the first quarter of 2011, according to the company.
The recycled PET and recycled agricultural polystyrene produced by the facility will be used to manufacture a range of end products, including carpet, fiber and agricultural products. The company says it has been building inventory in anticipation of the start early next year and has about 450,000 pounds of material presently stored.
"The startup of the facility is a milestone for Fox Petroleum in their sustainability initiatives of reducing environmental impact while creating a viable product for use in their product offerings," says William Lieberman president, Fox Petroleum.
By the end of the first phase of the project, the operation will have the capability to recycle up to 30 million pounds of PET bottles.
The plant will include a new 20-inch-by-50-inch Cumberland Model 50B granulator with a 150-horsepower motor as well as a Vecoplan grinder, which will enable the company to process roughly 3,500 pounds of scrap plastics per hour.
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