Polysort LLC has set its sights on the energy market and saving money for Ohio-based processors looking to lower their utility bills.
The Akron-based purchasing company has formed an energy aggregation program that uses the buying power of member companies to negotiate competitive pricing, said President Angela Charles. The program is administered through Buckeye Energy Brokers Inc. of Twinsburg, Ohio.
About a dozen companies are using Buckeye to look for reasonable energy rates in Ohio, a state that deregulates its electric and natural gas suppliers. Polysort wants to expand the program to other states with deregulated utilities once it gains momentum, Charles said.
The program is open to all segments of the plastics industry, including resin and machinery companies and distributors.
``We've heard from customers that energy prices are a growing issue,'' Charles said.
The program is similar in intent to a Polysort program in which processors pool their buying power to buy resin. More than 170 million pounds of resin have been sold through that program, started in January 2002, Charles said.
The company's Web development business has expanded its focus to Internet search engines such as Google.com or Yahoo!, Charles said. Polysort has developed a search-optimization service that allows its plastics-related companies to appear first on the screen when a Web search is done under certain keywords. More than 600 million Web searches are conducted daily around the globe, she said.
The company will not exhibit at NPE 2003 but will continue to focus on online marketing efforts to drive business. NPE attendees come to look at equipment more than to discuss Web services, she said. ``In some cases, we're reaching a different audience.''