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

Americhem beats weather woes at start of 2014 for good fiscal year

November 26, 2014 9:45 am ET

Gains from the automotive and construction markets provided a strong fiscal 2014 for Americhem Inc.    More

Image

PE prices drop for first time in two years, PP down 5 cents

November 26, 2014 10:22 am ET

North American polyethylene buyers might want to circle November 2014 in red on their calendars — since PE prices this month have fallen for...    More

Image

SPI hopes to build on EPS recycling

November 26, 2014 6:00 am ET

Successfully recycling expanded polystyrene can be a challenge, there's no doubt about that. EPS, however, has value, is in demand and deserves to be ...    More

Image

Pan-European plastics recycling show scheduled for 2015

November 26, 2014 6:00 am ET

Europe is to get its first pan-European exhibition and conference aimed at the region's plastics recycling industry next year.    More

Image

Irish packaging group Smurfit Kappa opens film plant in Spain

November 26, 2014 6:00 am ET

Global packaging group Smurfit Kappa Group plc has responded to growing demand for its bag-in-box liquid container/dispensers by opening a new plant i...    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events