WARREN, ORE. (July 5, 12:15 p.m. ET) — A $10 million plastic bottle recycling plant in Oregon recently broke ground after being a year behind schedule, the St. Helens Chronicle reported.
The new plant is being constructed by ORPET, a public-private venture between Portland, Ore.-based Denton Plastics Inc., plastic packaging firm Quantum Leap LLC in Vancouver, Wash., and the Oregon Beverage Recycling Cooperative.
The 90,000-square-foot plant will have enough capacity to grind, sort and wash 25 million pounds of post-consumer PET per year, which ORPET will sell to local end-users. Oregon manufacturers have signed a deal to purchase 65 percent of the future yearly output for the plant, with the possibility of 100 percent of the plant's recycled PET going to Oregon businesses once ORPET matures.
The plant's delay has been attributed to a variety of things, the Chronicle reported, including issues with sending letters of credit overseas.
The Warren plant will begin by hiring 25 employees and hopes to start recycling by the end of November or early December. Over the following three years, the company plans to double its employment.