Plastic bottle recycler in Mexico shuts down

By Stephen Downer
Correspondent

Published: May 19, 2014 2:11 pm ET
Updated: May 19, 2014 2:14 pm ET

Image By: Stephen Downer Octavio Victal García, co-founder of Tecnopenales SA de CV.

Related to this story

Topics Sustainability, Recycling, Mexico

PUERTO VALLARTA, MEXICO — A plastic bottle recycler that employed 200 inmates at a prison in western Mexico has been forced out of business in the wake of state and municipal elections.

“The new authorities found the project not in their interests,” co-founder Octavio Victal García told Plastics News by email April 22.

However, Victal, who founded Tecnopenales SA de CV with his father in 2009, said he has formed a partnership with extruder and thermoformer Site Plásticos SA de CV, of Guadalajara, where the company will be re-launched.

“We will finish installing the equipment [in Guadalajara] in a couple of weeks,” he added. “Site has top-of-the -line PTI non dry extrusion technology which will fit perfectly with our recycling capabilities.”

Victal did not say whether the Tecnopenales name will be retained and he could not be reached for further comment.

He and his father, Octavio Victal Senior, a heart surgeon, invested several million dollars in setting up the company at the Centro Integral de Justicia Regional Puerto Vallarta, one of five penitentiaries in the western state of Jalisco.

The company bought commingled bales with PET, polypropylene and high density polyethylene bottles and was processing 40 tons of mixed bales every month in 2012.

By then it was a $1 million-plus business which Victal believed to be unique in Latin America. 


Comments

Plastic bottle recycler in Mexico shuts down

By Stephen Downer
Correspondent

Published: May 19, 2014 2:11 pm ET
Updated: May 19, 2014 2:14 pm ET

Post Your Comments


Back to story


More stories

Image

Soy-based foam improves window performance, sustainability

December 18, 2014 12:51 pm ET

Launched in April 2013, Madison, Wis.-based WFI Global LLC is making a name in the fenestration market with what it says is a distinct product...    More

Image

Europe puts its 'Circular Economy' recycling effort on hold, for now

December 18, 2014 12:28 pm ET

The European Commission has withdrawn its Circular Economy initiative from its 2015 work program, and will instead replace it with “a new, more ...    More

Image

Indian auto parts maker set to buy assets in Germany, Mexico

December 18, 2014 10:35 am ET

Indian auto parts maker Samvardhana Motherson Gropup is buying the assets of insolvent German plastics car parts producer Scherer & Trier (S&T).    More

Image

New extruders, repelletizer to improve production for InterGroup

December 17, 2014 6:00 am ET

InterGroup International Ltd. will install new, larger extruders and repelletizers at all three of its plastic scrap recycling locations in 2015.    More

Image

Investments allow UK's Jayplas to keep recycling supply chain at home

December 17, 2014 9:32 am ET

Corby, England-based plastics recycler Jayplas has announced the completion of a new extrusion and printing plant, together with a new packaging divis...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events