CHINO, CALIF.-High density polyethylene recycler Envirothene Inc. has been purchased by a Los Angeles recycler. Ecoplast Corp. of Los Angeles bought the assets of Enviro-thene in December, and is using the former Envirothene processing facility in Chino to process all types of commodity plastic scrap, according to a source who asked not to be identified. Ecoplast President Parham Yedidsion could not be reached for comment at press time.
Ecoplast buys and sells off-grade, off-specification, regrind, obsolete or surplus resins, and operates cleaning, grinding and processing of post-consumer HDPE at the Chino site. Enviro-thene could process about 35 million pounds of post-consumer HDPE per year, and was among the largest U.S. recyclers.
Shipmaker wins $23 million for overruns
NEW ORLEANS-The U.S. Navy in December awarded Avondale Industries Inc. a $23 million settlement for construction cost overruns on the service's plastic-hulled coastal minehunters.
The New Orleans shipbuilder has completed four of the 188-foot minehunters at a cost of $300 million, and Intermarine U.S.A. Inc. of Savannah, Ga., is building eight of the vessels.
The minehunters are the Navy's first ships with plastic construction, made of as many as 100 layers of fiberglass, and with a monocoque or frameless hull.
DuPont expands pordution of Corian
BUFFALO, N.Y.-DuPont Co. expanded its mineral-filled acrylic composite sheet production in Buffalo when it started a new continuous cast line in early December.
The composite, called Corian, is a building material mainly used for consumers' kitchen counter tops and bathroom surfaces. It is rapidly growing in commercial applications such as fastfood restaurants, health-care surfaces, furniture and desk tops, according to DuPont spokeswoman Carol Gee.
Gee did not disclose the cost of the expansion or the facility's capacity. DuPont also makes the material in Japan in a joint venture with Mitsubishi Rayon Co.
Corian, available in thickness of one-eighth to three-fourths of an inch, can be worked like wood and is durable and stain resistant, according to Wilmington, Del.-based DuPont. The company introduced Corian more than 30 years ago and said the material is one of its fastest-growing businesses.
PMT launches stock ownership plan
SEYMOUR, CONN.-Custom injection molder Plastic Molding Technology Inc. of Seymour has created an employee stock ownership plan.
The ESOP will transfer 40 percent of the firm from its owner and President Charles Sholtis to employees. Sholtis said he will remain president for three years, but eventually plans to retire.
Sholtis said the ESOP creates a market for his stock in PMT without involving outside companies. The plan also ``should increase employee incentives and provide them with long-term retirement benefits,'' he said. Sholtis said he hopes the ESOP will reduce employee turnover and improve productivity.
PMT has 80 employees at its 26,000-square-foot Seymour plant. It has annual sales of about $6 million in custom and insert molding for electronic, medical, auto and appliance industries. A small subsidiary, Danube Mold & Die, makes molds and does custom molding in Bratislava, Slovakia.
Little Tikes redesigns recalled toy part
HUDSON, OHIO - Little Tikes Co. will use a redesigned plastic component as it replaces Toddle Tots Dinosaur Mountain playsets it began recalling just before Christmas.
The Hudson firm recalled about 160,000 of the playsets in the United States and Canada because small plastic cups that hold palm trees on the toy can detach and pose a choking risk to children. Spokeswoman Leslie Mapes said Little Tikes recently redesigned the plastic part to include four ribs to reinforce it and reduce the chance it could be detached.
Mapes said the original playsets, sold since mid-1994, cannot be retrofitted with the new part. The faulty part was injection molded by an undisclosed, outside company.
The Consumer Product Safety Commission said it knew of eight cases in which children put the cups in their mouths. Two of the children choked on the parts but parents were able to remove them, and no injuries were reported.
Little Tikes is a unit of Rubbermaid Inc. of Wooster, Ohio.