Perpetual Recycling hires PET veteran Cavin

Mike Verespej

Published: February 16, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers, Sustainability, Packaging, Recycling

RICHMOND, IND. (Feb. 16, 9 a.m. ET) — Perpetual Recycling Solutions has hired veteran PET recycling buyer Phil Cavin as senior director of purchasing for the $30 million plant in Richmond that the company is opening in December.

Perpetual said Cavin will procure the 125 million pounds of curbside and deposit PET bales needed to operate the plant, which will initially make 75 million pounds of food-grade PET flake annually.

The 100,000-square-foot plant, which has been in the planning stages for more than 16 months, was announced at a Feb. 2 news conference.

“We are fortunate to have Phil Cavin lead our procurement efforts,” said David Bender, who is CEO of Perpetual and the Chicago-based holding company, Re: Think Recycling Group LLC, which Bender and two others founded four years ago. “His deep industry experience and knowledge of material recovery facilities will ensure our plant has the raw materials required” to operate efficiently.

Cavin was most recently sales consultant for Plastrec Inc. in Quebec. He previously was national procurement director and PET sales director for Mohawk Industries in Summerville, Ga., where he was responsible for procuring more than 200 million pounds of PET annually.

“I’m honored to be part of [Perpetual],” Cavin said. “Perpetual Recycling Solutions is going to be a recycling showplace.”

The recycling plant is slated to have two lines. The first line will have the capacity to produce 75 million pounds of food-grade flake annually from a raw material input of 107 million pounds, which is roughly equivalent to 823 million plastic bottles. A second line, scheduled to be added sometime in 2013, will produce a minimum of 35 million pounds of food-grade flake annually.

Re: Think also owns Pure Tech Plastics, a East Farmingdale, N.Y., recycler that it bought in October 2008.

Perpetual expects to sell primarily to customers making bottles or thermoformable sheet for food packaging. “But we expect there will some purchases of our flakes for use in high-end apparel and in the automotive industry,” Bender said.


Comments

Perpetual Recycling hires PET veteran Cavin

Mike Verespej

Published: February 16, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Best Places To Work: No. 6, Colors For Plastics

March 4, 2015 12:35 pm ET

Colors For Plastics, which now employs 115 people, started with one man who handled everything.    More

Image

Best Places To Work: No. 7, CMD Corp.

March 4, 2015 12:27 pm ET

There's a lot of innovating going on at the No. 7 company on Plastics News' Best Places to Work ranking.    More

Image

Shepherd named Thermoformer of the Year

March 4, 2015 11:32 am ET

Barry Shepherd, of Shepherd Thermoforming and Packaging Inc., is the newest Thermoformer of the Year.    More

Image

Ineos to combine ABS unit with Styrolution in Americas

March 4, 2015 10:03 am ET

Global materials firm Ineos Group will combine its ABS resin business with its Styrolution unit in the Americas.    More

Image

Obituary: Guido Ghisolfi, PET company executive

March 4, 2015 9:47 am ET

Guido Ghisolfi — a top executive with global PET resin leader Mossi & Ghisolfi Group — has died from an apparent suicide.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events