Wastren Advantage (WAI), a provider of waste management, environmental services, decontamination and decommissioning and facility management and operations to commercial and federal customers, has acquired Geo-Tech Polymers, a plastics recycling company based in Westerville, Ohio.
WAI has been expanding its products and services to address the increasing need of customers for innovative ways to increase value and lower costs. The acquisition expands WAI’s portfolio of recycling and waste management services.
Traditional plastics recycling methods often produces a lower grade recycled plastic material, which is not ideal for some applications. However, Geo-Tech’s process does not utilize chemicals that can lead to degradation of the recycled plastic. The process ends in a product, which can be utilized in high end applications, like automotive parts, and it does not produce any environmental issue associated with chemicals. In addition, it helps to save considerable water and energy and minimizes carbon emissions. The industry customers of the Westerville-based plastics recycling firm include food container packaging suppliers, post-consumer electronic waste recyclers, CD/DVD recyclers and automobile parts suppliers.
WAI will expand the production capacity of Geo-Tech at a plant in Waverly, Ohio, which is run by Hadsell Chemical Processing, WAI's production partner. The main objective of this expansion is to considerably increase both production and logistical capacity in order to better serve clients in the packaging, consumer products, automotive and other sectors.
Doug Collins, Geo-Tech’s New President, stated that they see great opportunity in the Geo-Tech’s process, particularly in the automotive supply chain and they can decrease weight and cost in cars and trucks by meeting all OEM and government standards.
Source: http://www.wastrenadvantage.com/