Exide to idle lead recycling operations, lay off 150

Shawn Wright

Published: November 12, 2012 6:00 am ET

Related to this story

Topics Sustainability Recycling
Companies & Associations

MILTON, GA. (Nov. 12, 12:45 p.m. ET) — Battery manufacturer Exide Technologies recently announced it will idle its lead recycling operations in Reading, Pa., and lay off 150 workers by March 31.

“Idling” means Milton-based Exide will maintain the Reading facilities, permits and approvals necessary for recycling activities in case the company wants to reopen it later, according to a news release.

The plant recycles used lead batteries and reuses the material to make new ones.

“This decision was based on several factors, including the dramatic swings in the lead market and the high capital investment needed, due to regulatory requirements, to remain operational in Reading,” Paul Hirt, president of Exide Americas, said in a statement. “By idling this facility, we can defer spending the capital while still having the majority of our internal lead demands met through our other three recycling centers in Vernon, Calif., Canon Hollow, Mo., and Muncie, Ind.”

The company will meet with the Pennsylvania Department of Environmental Protection within the next few weeks to discuss steps needed to implement the idling.

Exide said the plant, which has been operational since the 1930s, will continue to operate its plastics recycling business.


Comments

Exide to idle lead recycling operations, lay off 150

Shawn Wright

Published: November 12, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Ford moving forward in carbon fiber for 'high volume' use

April 17, 2015 10:21 am ET

Ford Motor Co. has signed a deal with a carbon-fiber manufacturer to jointly explore “high-volume” automotive uses for the lightweight...    More

Image

Thailand's Royal Group adding thermoforming plant in Indiana

April 17, 2015 11:17 am ET

Royal Interpack North America Inc. is spending $12 million to make recycle-content PET clamshell containers in Anderson, Ind.    More

Image

Zoltek expanding CF capacity in Europe

April 17, 2015 10:12 am ET

Leading carbon fiber group Zoltek Corp. has signed a strategic agreement with the Hungarian government to expand its operation in northern Hungary,...    More

Image

Hanwha Azdel adds capacity in Lynchburg

April 16, 2015 2:01 pm ET

Composite maker Hanwha Azdel Inc. will add space and a new production line at its Lynchburg, Va., production facility, the company announced April 16.    More

Image

Denmark's Faerch Plast looks to expand packaging market beyond Europe

April 16, 2015 10:52 am ET

Denmark-based Faerch Plast A/S, a food packaging company, has announced it plans to target Australia, New Zealand, the Middle East, the U.S., Canada, ...    More

Market Reports

Trends in Resin Distribution

The growth of the North American resin distribution market is undeniable - and industry analysts are confident that growth will continue in 2015 and beyond.

This new report analyzes market trends and provides data on historical sales trends for PE (distribution and resellers), PolyOne Distribution figures, U.S. ethylene expansions based on shale gas and natural gas production by category to 2035.

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 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events