Recycler opens plant for medical scrap
FLINT, MICH. — Recycler American Commodities Inc. has expanded into its third location, with a site in Tempe, Ariz., to grind and sell plastic scrap from the medical industry.
The Flint-based company has about 60 employees at its main base in Flint and expanded to Anderson, S.C., in 2010 with a 10-employee facility to grind and shred plastic waste.
The Tempe operation is beginning with a two-person, 30,000-square-foot facility overseeing recycling of scrap from a customer in the region and selling the recycled material to other molders, ACI co-owner Bill McCaffrey said July 26 by phone.
ACI might expand to add a compounding line in Tempe if business continues as expected, McCaffrey said. The firm has a small compounding operation for virgin material in Flint as well as its recycling operations there.
The bulk of ACI's business is in removing paint from thermoplastic polyolefin automotive bumper fascia and separating multilayer instrument and door panels.
Board maker Rumber gets new owners
MUENSTER, TEXAS — A three-person group including brothers Brian and William Adams acquired composites maker Rumber Materials Inc. July 9. Terms were not disclosed.
Rumber employs 30. Its 30,000-square-foot facility in Muenster produces composite boards, sheets and molded products from 100 percent recycled tire-rubber and plastics.
The company's products are used in livestock equipment, oil and gas, military, aviation and marine applications. The new owners said they will expand into new markets.
Brian Adams serves as CEO, and William Adams is chief operating officer.
London's Argus Media buys DeWitt & Co.
LONDON — British market data firm Argus Media has bought DeWitt & Co. Inc., a plastics and chemicals consulting firm based in Houston.
No purchase price was disclosed in the deal, announced July 15. DeWitt was founded in 1973 and publishes almost 200 price references and provides intelligence on petrochemicals.
DeWitt “is a well-known and respected brand within the petrochemicals sector, and is a natural complement to Argus' existing strength in crude oil and refined petroleum products,” Argus Media Chairman and CEO Adrian Binks said in a news release.
Edgar Acosta, DeWitt senior vice president, said the companies will be developing new products together.
London-based Argus provides numerous services including energy and fertilizer prices that are widely used by leading companies, governments and international agencies as benchmarks in supply contracts.
Underwriters Laboratories acquires IDES
LARAMIE, WYO. — Plastic materials information firm IDES Inc. has been sold to safety standards company Underwriters Laboratories Inc. for an undisclosed price.
The deal “is an exciting combination that is bearing fruit already,” IDES Managing Director Mike Kmetz said in a July 25 news release.
Northbrook, Ill.-based UL also announced the next generation of the IDES Prospector-brand online service. Prospector now combines plastic materials data sheets and UL plastic identification reports in a single, searchable interface. The service is used by more than 319,000 industry professionals worldwide.
Prospector “gives UL a dynamic medium for converting our data into accessible intelligence that can inform and speed decisions throughout the plastics supply chain,” UL Senior Vice President Sara Greenstein said in the release.
Laramie-based IDES was founded in 1986. UL opened for business in 1894 and employs 9,000 worldwide, offering testing in product safety, verification and related services.
Fire, explosion raze Denham warehouse
SALINAS, CALIF. — A July 26 fire seriously damaged the 4,000-square-foot Salinas warehouse of Denham Plastics LLC, primarily a reseller of agricultural harvesting containers such as bulk bins, pallets and totes.
“We have no idea how it started,” said co-owner Mike Hutchings. The company said the fire would not disrupt operations and the warehouse will be rebuilt.
Fire officials said the late-afternoon blaze began in the pallet yard and resulted in an explosion about 20 minutes later. The fire spread to the outside yard of an adjacent produce-processing facility of River Ranch Fresh Foods LLC.
Hutchings and Jeff Denham, now a U.S. congressman, established the business in December 2000. Denham worked in the agriculture industry as an almond rancher, was a California state senator from 2002-10 and is running in November for re-election to Congress.