Verdeco Recycling Inc. is creating 90 million pounds of new annual recycled PET capacity in South Carolina through a project that has the ability to double over time.
The PET recycler is putting the finishing touches on a 217,000-square-foot facility in Greenville that will open with two recycling lines to transform hot-washed PET flake into new pellets. Those pellets will then be sold to customers in the cosmetics, health care, beverage and packaging segments.
Verdeco, which has been working on the new site for about 18 months, already operates similar locations in South Gate, Calif., and Terre Haute, Ind., with a combined capacity of about 120 million pounds.
Verdeco said a variety of considerations went into selecting South Carolina for the new facility, including customer location as well as logistics needed to bring in flake from suppliers.
The location gives Verdeco expanded coverage in not only the Southeast but also elsewhere along the East Coast and Canada, CEO Rob Bindner said.