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

Windmöller & Hölscher looking to continued growth in China

July 21, 2014 3:40 pm ET

With 2013 global sales of 600 million euros, China has grown into an important export market for Windmöller & Hölscher KG, second only to the United...    More

San Antonio launching curbside recycling of plastic bags

July 21, 2014 3:06 pm ET

Curbside plastic bag recycling is coming to one of the largest cities in the country.    More

Image

Grocery store chain says bag recycling up by 10 percent

July 21, 2014 2:54 pm ET

Kroger Co., with more than 2,600 stores in 34 states and sales nearing $100 billion, saw plastic bag recycling increase by 10 percent last year.    More

China launches investments in Belarus

July 21, 2014 10:10 am ET

China is preparing to invest in a major bottle grade PET production project planned by the Belarus PET and polyester fibers producer...    More

Image

Thermoforming Technology Group adds Lyle Industries to its portfolio

July 18, 2014 2:48 pm ET

Thermoforming Technology Group LLC has expanded its thermoforming equipment presence with the acquisition of Lyle Industries Inc.    More

Market Reports

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

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

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

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

More Events