Plastics CEO takes to two wheels to support cancer research

By Frank Esposito
Senior Staff Reporter

Published: July 16, 2014 1:41 pm ET
Updated: July 16, 2014 1:52 pm ET

Image By: Riverside Co. Stewart Kohl, co-CEO of Riverside Co.

Related to this story

Topics Public Policy

The co-CEO of a private equity firm with a pair of plastics holdings has organized a cycling event to benefit cancer research at the Cleveland Clinic.

The first VeloSano event will be held July 19-20. The event will begin in downtown Cleveland and will allow riders to choose routes ranging from 25 miles to 230 miles in length.

The founding partners of the event are Stewart and Donna Kohl and the Cleveland Indians pro baseball team. Stewart Kohl is co-CEO of Riverside Co., a $3 billion Cleveland-based private equity firm whose holdings include plastisol compound maker Rutland Plastics Inc. of Pineville, N.C., and PVC window extruder Sunrise Windows Ltd. of Temperance, Mich.

In February, Riverside also acquired BeGreen Packaging LLC, a Santa Barbara, Calif.-based maker of bio-based molded fiber products that are compostable and recyclable.

As of July 16, VeloSano had raised more than $1.1 million in pledges committed to riders. Kohl had raised more than $82,000 in pledges, while Indians CEO Paul Dolan had raised more than $17,000.

The Kohls have donated $1 million to start the VeloSano event, which takes its name from the Latin words for “swift” and “cure.” Stewart Kohl had participated in a similar charity cycling event in the Boston area for several years and wanted to bring that type of event to Cleveland.

The Cleveland Clinic was founded in 1921 and now ranks as one of America’s leading medical centers. The organization employs 3,000 full-time physicians and researchers and 11,000 nurses.


Comments

Plastics CEO takes to two wheels to support cancer research

By Frank Esposito
Senior Staff Reporter

Published: July 16, 2014 1:41 pm ET
Updated: July 16, 2014 1:52 pm ET

Post Your Comments


Back to story


More stories

Image

SPI hopes to build on EPS recycling

November 26, 2014 6:00 am ET

Successfully recycling expanded polystyrene can be a challenge, there's no doubt about that. EPS, however, has value, is in demand and deserves to be ...    More

Image

Indian plastics group targets waste

November 24, 2014 12:46 pm ET

An Indian plastics environmental group and the country's largest brand for packaged water, Bisleri International Pvt. Ltd., have launched a trial...    More

Image

Wilbur Ross steps down from IAC board

November 24, 2014 11:38 am ET

Financier Wilbur Ross Jr. has resigned from the boards of International Automotive Components Group SA and its subsidiaries due to new regulatory...    More

Image

EU sets consumption goal of 40 plastic bags per person by 2025

November 24, 2014 9:27 am ET

Representatives of European Union member states hammered out a deal Nov. 21 to reduce consumption of lightweight plastic bags to 40 bags per person...    More

Image

Residents ask court to close pipe maker

November 21, 2014 3:22 pm ET

Residents living by National Pipe & Plastics Inc.'s new factory in an industrial zone of Endicott, N.Y., say the facility has “devastated the ne...    More

Market Reports

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

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

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