Polyflow Is a Finalist for Innovation Awards

Polyflow LLC, an Akron, Ohio-based plastics recycling company, has been named a finalist for a 2012 Innovation Award by the regional economic development organization NorTech. The award recognizes Northeast Ohio’s most innovative organizations that demonstrate dramatic impact on a specific industry or market sector or that have the clear potential to do so, according to NorTech.

Winners will be announced at NorTech’s Innovation Awards dinner March 22.

In a news release, Michael Dungan, Polyflow chairman, congratulates the company on earning the recognition. “Finalists for the NorTech Innovation Awards are a special group of change-makers working on breakthrough technologies that will improve our region and potentially the world," he states. "This nomination reflects many years of diligent effort by the Polyflow group in commercializing a technology that addresses the need to repurpose polymer and rubber waste in an environmentally responsible and economically viable manner.”

Rebecca Bagley, NorTech president and CEO, says, “The NorTech Innovation Awards showcase the most innovative technologies being developed and commercialized in Northeast Ohio. We believe these innovations will have a positive impact on the region’s economy through job creation, attraction of capital investment and overall business growth. NorTech congratulates Polyflow for being selected as a finalist in this year’s competition.”

Polyflow is currently implementing a full-scale processor in Northeast Ohio that is capable of converting large volumes of mixed and contaminated waste plastic and rubber into transportation fuel and chemical intermediates. The company holds patents in the United States, Australia and Mexico with patents pending in a number of other countries.