ITec Signs Deal for Building

ITec Environmental Group, Inc. has entered into a five-year use agreement with a five-year option on a steel frame building in Riverbank, Calif. ITec has developed a technology, Eco2, for cleaning plastic contaminated by substances that make most types of plastic ineligible or simply uneconomic for conventional recycling programs.

ITec has developed what it believes will be the next generation of plastics recycling technology that is cost effective, profitable and, more importantly, environmentally friendly. Its proprietary closed-loop recycling system does not exchange one contaminate for another, but rather eliminates this problem prevalent in most existing technology.

The Eco2 System has demonstrated the ability to produce clean, 100 percent recyclable High Density Polyethylene (HDPE) flake from used motor-oil containers and other HDPE containers used to transport used oil and to recover the residual oil attached to the plastic, with no waste by-products. Although first focused on recycling used motor oil containers, further research and development has made it possible to expand its application to three additional usages: pesticide containers of HDPE, mixed HDPE color containers, and PET soft drink containers).

ITec believes, at full capacity, this new plant will produce approximately 6,000 pounds per hour of post-consumer PET beverage containers and HDPE used oil containers.

The company hopes to start testing at the new facility by the end of this year.