AKRON, OHIO (Aug. 17, 1:15 p.m. ET) — Greenstar Recycling plans to construct a single-stream recycling processing facility in Akron, which the company said will serve as a hub for recycling and recovery activities in the area.
The recycling facility, expected to be operational in eight to 10 months, will cost up to $8 million and will convert an empty 195,000-square-foot hangar at Akron Fulton International Airport into a facility to process recyclables, the Akron Beacon Journal reported.
“This facility will allow Akron to continue to offer its businesses and residents the convenience of single stream recycling – eliminating the need to pre-sort recyclables – while growing its local economy with new investment and a minimum of 45 new green jobs,” Matt Delnick, Greenstar CEO, said in a statement.
The facility also will convert mixed plastics into synthetic crude oil, which will be handled by Cleveland-based Vadxx Energy LLC through a joint venture with Houston-based Greenstar. Vadxx intends to turn 12,000 tons of plastic into 80,000 barrels of oil annually.