A group of investors has resuscitated a defunct New Jersey pipe extrusion company, and plans to resume pipe delivery to customers May 1.
The former PolyStar Inc. is now PolyStar Products Inc. Majority stakeholder and company President Paul Mudd said the revived company will bring new product offerings to the table.
Company officials are overseeing a renovation of their 83,000-square-foot plant near Trenton, N.J., which employs 40.
PolyStar will continue to extrude pipe and distribute purchased fittings, and also will add custom resin blending to its portfolio.
``We'll be buying scrap from a number of sources, then blending and palletizing it for use in-house as well as resale,'' Mudd said in an April 12 telephone interview.
Mudd said he has spent the past 20 years in plastics manufacturing and sales.
PolyStar will make and sell flat-wall polyethylene pipe from one-half inch to 4 inches in diameter. The firm will target gas-distribution and conduit markets - two areas where PE pipe is often used - as well as the water-delivery market. It is in water distribution that PE stands to gain the most ground, primarily in infrastructure rehabilitation projects where costly metal pipe corrosion leads to an estimated daily loss of 6 billion gallons of potable water in the United States.
``PE water pipe is the only true leak-free system,'' Mudd said, referring to the fusion technology that allows for fittings-free joints that are actually stronger than the pipe wall itself.
PolyStar officials have refurbished all extrusion lines and an automated material-handling system, and are awaiting a shipment of new downstream sizing and cooling tanks, Mudd said.
PolyStar will have the extrusion capacity to process 13 million pounds of resin annually, he said.
The firm now has an in-house lab for resin and product testing. Among investors' goals is to make PolyStar a technology leader in pipe extrusion and resin blending.
``From the second-stage resin people, we're looking to be the most technology-savvy company out there,'' Mudd said.