Con-Pearl to make recycled plastic board in S. Carolina

By Bill Bregar
Senior Staff Reporter

Published: September 14, 2012 6:00 am ET

Related to this story

Topics Sustainability, Construction, Film & Sheet, Recycling

GREENVILLE, S.C. (Sept. 14, 1:35 p.m. ET) — A German company that makes board, sheet and textiles out of recycled plastics is opening its first North American factory in Greenville, investing $14.3 million in Con-Pearl North America.

Con-Pearl North America is a subsidiary of Friedola-Tech GmbH of Geismar, Germany. The company is renovating part of an existing industrial building. The investment is expected to generate 51 jobs over the next five years, according to the Greenville Area Development Corp.

Friedola-Tech, which has its own recycling operation, makes lightweight boards, artificial leather, floor coverings, internal liners and injection molded parts. The company’s major markets are packaging and automotive. Con-Pearl boards are made from polypropylene.

Production should begin in Greenville in October. Economic development officials announced the new plant Sept. 14. The company will begin hiring immediately.

Stefan Hoedt, business development director for Con-Pearl North America, said in a prepared statement that South Carolina “offers us an exceptional business environment and great access to markets in the U.S.”

Officials of Con-Pearl North America and Friedola-Tech were not available for additional comment.

The Coordinating Council for Economic Development approved a $150,000 grant for work on the building.


Comments

Con-Pearl to make recycled plastic board in S. Carolina

By Bill Bregar
Senior Staff Reporter

Published: September 14, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Tighter resin prices leading to price hike for PE film

August 29, 2014 11:13 am ET

One of North America's largest film makers is pushing through a polyethylene price increase due, in part, to the tight resin market.    More

Image

Green trend boosts plastic building materials business in China

August 29, 2014 9:42 am ET

The greening of China's domestic building materials market is giving the plastics industry a boost.    More

Image

Obituary: Frank Nissel, Welex Inc. co-founder

August 28, 2014 1:01 pm ET

Friends, family and business acquaintances will remember Nissel as an urbane, outgoing machinery executive, an expert on extrusion, a globalist who...    More

Image

Pregis, Sealed Air settle film-foam patent dispute out of court

August 28, 2014 1:01 pm ET

A couple of packaging companies are settling their patent fight over film-foam underlayment.    More

Image

Truce? ACC, US Green Building Council agree to work together on LEED

August 28, 2014 12:08 pm ET

The American Chemistry Council (ACC) and the U.S. Green Building Council (USGBC) announced Aug. 27 that they will be working together on a new initiat...    More

Market Reports

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

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

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

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

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

More Events