Chinese company to recycle PET in South Carolina

By Jim Johnson
Senior Staff Reporter

Published: September 26, 2013 1:26 pm ET
Updated: September 26, 2013 1:27 pm ET

Related to this story

Topics Sustainability, Recycling

A $45 million investment in South Carolina will turn old plastic bottles into recycled-content polyester fiber and create more than 300 jobs in the process.

JN Fibers Inc. of Zhejiang, China, will establish the new business at an existing building in Richburg that will make fiber for use in the home textiles, furniture, upholstery and automotive industries, according to the South Carolina Department of Commerce.

The project will create 318 jobs, the state said.

Plans are to add on to the existing building, bringing the total square footage to 600,000. Hiring should begin during the second quarter of next year with production beginning in the third quarter.

While JN Fibers will operate the plastics recycling business, the finished products will be sold through its subsidiary Sun Fibers LLC, the state said.

Mark Bachner is senior vice president of operations for JN Fibers.

In a bit of international business development subterfuge, local officials had referred to the potential development as “Project 1233” in the lead-up to the Sept. 25 announcement by the state, according to local press reports.


Comments

Chinese company to recycle PET in South Carolina

By Jim Johnson
Senior Staff Reporter

Published: September 26, 2013 1:26 pm ET
Updated: September 26, 2013 1:27 pm ET

Post Your Comments


Back to story


More stories

Image

Recycling group releases shrink sleeve label guidelines

September 26, 2014 4:02 pm ET

A post-consumer plastics recycling trade group is out with a set of recommendations to help guide the packaging industry on the use of shrink sleeve...    More

Image

Chemical regulation policy update likely to remain in limbo

September 26, 2014 1:13 pm ET

Efforts to broker a deal on national chemical regulation policy appear to have fallen apart in the waning days of the 113th Congress, leaving...    More

Image

Cascade founder believes business can be a place for real change

September 25, 2014 11:06 am ET

Companies can make a difference in a person's life, and Fred Keller, founder of Cascade Engineering Inc., believes it is important that they do.    More

Image

Recycling rates continuing to climb for EPS used in transport packaging

September 25, 2014 11:28 am ET

Recycling of the expanded polystyrene used in transport packaging continues to rise, extending what has now been a years-long push even higher.    More

Image

PRE taking the first steps to increase PET tray recycling

September 25, 2014 10:33 am ET

A set of new guidelines covering design-for-recycling for PET trays has been published by Plastics Recyclers Europe (PRE), the Brussels-based trade bo...    More

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

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

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

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events