Azek buys paver maker Vast Enterprises

Published: December 20, 2012 6:00 am ET

Related to this story

Topics Construction, Sustainability, Mergers & Acquisitions, Pipe/Profile/Tubing, Recycling

SCRANTON, PA. (Dec. 20, 12:15 p.m. ET) – Composite decking maker Azek Building Products Inc. has purchased Vast Enterprises LLC, a Minneapolis company that has been manufacturing Azek’s line of composite pavers.

Azek said the deal was completed on Dec. 19. Terms were not disclosed.

Scranton-based Azek had purchased an interest in Vast in September 20111, and since then Azek has marketed Vast’s pavers through a strategic alliance.

The Azek pavers are made from up to 95 percent post-consumer rubber and plastics. To date, the company said the product has diverted more than 7.5 million pounds of material from U.S. landfills, using material from more than 450,000 scrap tires and 13 million plastic containers.

Azek is owned by CPG International Inc., which also purchased Wilmington, Ohio-based TimberTech earlier this year.


Comments

Azek buys paver maker Vast Enterprises

Published: December 20, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Producers urge booming Brazilian housing market to use EPS

April 18, 2014 1:08 pm ET

Leaders in Brazil's plastics industry are asking lawmakers to mandate the use of expandable polystyrene (the raw material for expanded EPS) in new...    More

JM Eagle reopens shuttered Colorado plant with 8 PVC lines

April 18, 2014 1:02 pm ET

JM Eagle has reopened its Pueblo, Colo., plant with eight PVC pipe extrusion lines back in operation following an 18-month shutdown.    More

Dutch company launching $100 million PP, PE recycling plant

April 18, 2014 10:42 am ET

Quality Circular Polymers is building a new plastics recycling operation in Geleen, the Netherlands' Chemelot industrial chemical site, with a...    More

PolyQuest spins off FiberQuest unit

April 18, 2014 10:14 am ET

PolyQuest Inc. has spun off its FiberQuest unit — which distributes polyester staple fibers and cotton — as a separate company.    More

Spain's Cristian Lay Group buys two materials units of bankrupt LSB

April 17, 2014 11:11 am ET

Spanish industrial conglomerate Cristian Lay Group has purchased two of the bankrupt Spanish PET packaging group La Seda de Barcelona.    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

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

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events