PetStar doubles capacity at Mexico recycling facility

By Stephen Downer
Correspondent

Published: July 24, 2014 2:10 pm ET
Updated: July 24, 2014 2:13 pm ET

Related to this story

Topics Sustainability, Recycling, Mexico

TOLUCA, MEXICO — Mexican recycling giant PetStar SAPI de CV, owned by the System of Coca-Cola Bottlers in Mexico, has doubled the capacity of its facility to 130 million pounds through an investment in excess of $100 million.

In a news release PetStar, founded in 2006 and recently acquired by bottlers including Arca Continental SAB de CV, the second largest Coca-Cola bottler in Latin America, described the Toluca facility, about 40 miles west of Mexico City, as “the largest food-grade PET recycling plant in the world.”

“With this plant the Coca-Cola System in Mexico becomes [the] leader in food-grade recycling in Latin America,” PetStar said.

“This important project is part of Coca-Cola’s commitment to the integral wellbeing of communities through the elaboration of environmentally friendly packages, Francisco Crespo, president of Coca-Cola Mexico, was quoted in the news release as saying.

“Thanks to PetStar, we are contributing to our global goal to incorporate recycled material in all our packages and today millions have up to 100 percent.”

Headquartered in Monterrey, northern Mexico, Arca Continental was formed in 2011 through the merger of Embotelladoras Arca and Grupo Continental. It is listed on the Mexican Stock Exchange.

According to the PetStar news release, the Coca-Cola Company also has a stake in PetStar, as do Embotelladora Bepensa SA de CV, Corporacion del Fuerte SA de CV, Corporacion Rica SA de CV, Embotelladora de Colima SA de CV and Embotelladora del Nayar SA de CV.

Mexico’s President Enrique Peña Nieto officially inaugurated the facility’s expansion on July 16. The plant has an on-site laboratory, a museum and auditorium, where events promoting “environmental education and a recycling culture” will be held, PetStar said.

PetStar has 1,100 full-time employees. Another 24,000 work for the company indirectly.


Comments

PetStar doubles capacity at Mexico recycling facility

By Stephen Downer
Correspondent

Published: July 24, 2014 2:10 pm ET
Updated: July 24, 2014 2:13 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 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