Verdeco prepares for move into new SC headquarters

Verdeco, a South Gate, California-based producer of customized recycled polyethylene terephthalate (rPET) solutions, is drawing nearer to moving into new corporate headquarters in Greenville, South Carolina.

Verdeco says its new Innovation Center of Excellence and rPET manufacturing facility in Greenville is set to open in the third quarter of this year.

“Our innovation center will provide our strategic partners with the opportunity to explore custom formulations, performance attributes and aesthetic inspirations to fulfill their sustainability vision,” Verdeco CEO Rob Bindner says. “The new Verdeco facility will initially add an additional 90 million pounds of rPET capacity to the recently completed new equipment upgrades at our current locations in California and Indiana, which combined are designed to deliver 120 million pounds of capacity.”

Verdeco, which was acquired by the Vienna-based Cudos Group equity fund in 2020, says the move to Greenville is part of a strategic expansion that will enable the company to “craft even the most complex formulations.”

The company says the South Carolina location also will enhance its ability to solve some of its customers’ supply chain challenges.

According to Verdeco, it “specializes in providing sustainable rPET solutions to brands who care about the impact their products and materials have on our environment” and that its manufacturing facilities “transform premium PET flakes into eco-friendly rPET pellets that have unlimited material applications.”