Perpetual Recycling hires PET veteran Cavin

Mike Verespej

Published: February 16, 2012 6:00 am ET

Related to this story

Topics Packaging, Sustainability, Materials, Recycling, Suppliers

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

BP to restart damaged PTA unit in limited capacity by November

September 19, 2014 10:27 am ET

British Petroleum plc may restart its fire-damaged purified terephthalic acid (PTA) feedstock unit in South Carolina in late October or early...    More

Image

Bayer spinning off plastics business

September 18, 2014 8:49 am ET

Bayer AG will spin off its MaterialScience plastics group into a separate, publicly-traded company within the next 12 to 18 months.    More

Image

Study: 75 percent of Australia's ocean debris is plastic

September 18, 2014 7:48 pm ET

About 75 percent of the trash found in the waters off Australia's beaches is plastic, with most of that coming from local sources rather than sea-...    More

Image

Investor group wants DuPont to split in two

September 18, 2014 7:37 pm ET

Investment firm Trian Fund Management LP is calling for plastics and chemicals giant DuPont Co. to split itself into two firms, one of which would...    More

Image

P&G removing PE microbeads from its Crest brand toothpaste

September 18, 2014 1:57 pm ET

After months of prodding, Procter & Gamble Co., the makers of Crest brand toothpastes, say polyethlene microbeads will be completely removed from its ...    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

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

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

More Events