DAK enters joint venture to recycle PET in US

28 May 2009 21:47  [Source: ICIS news]

HOUSTON (ICIS news)--A joint venture between DAK Americas and Shaw Industries is building the first phase a polyethylene terephthalate (PET) recycling plant in Fayetteville, North Carolina, a DAK source said on Thursday.

The joint venture, called Clear Path Recycling, will initially supply post-consumer recycled plastic for Shaw’s carpet business, and will set the groundwork for DAK to begin putting the plastic into staple fibre and PET resins, DAK spokesman Ricky Lane said.

Clear Path Recycling aims to begin operations with 160m lb/year (72,600 tonnes/year) input capacity by the first quarter of 2010 before expanding the facility to handle 280m lb/year by 2012, the company said.

The Clear Path Recycling facility in Fayetteville will be located at the DAK Americas Cedar Creek site and will add around 100 new jobs.

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By: Landon Feller
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