Page 54 - Plastics News November 2018
P. 54
Business news
Reid Canada acquires Polybottle AmSty and Agilyx form
Group Limited and Humberline joint venture for Polystyrene
Packaging Recycling
eid Canada Inc., a subsidiary of Consolidated Container mSty a leading integrated producer of polystyrene
RCompany (CCC), has acquired Polybottle Group Aand styrene monomer based in Texas, have signed a
Limited and Humberline Packaging Inc. from ABC Group. Letter of Intent to form a joint venture with Agilyx, an
With manufacturing facilities in Toronto, Vancouver environmental technology and development company
and Edmonton, Polybottle and Humberline are leading that will assume operations of Agilyx’s first-in-kind
manufacturers of plastic bottles for the food, beverage, polystyrene recycling facility in Tigard, Oregon. The
process converts used polystyrene products back into
their original liquid form, styrene monomer. Fresh
polystyrene products can then be made without
degrading quality or value. This form of circular
recycling is known as the PolyUsable™ process.
Last August AmSty and Agilyx announced an offtake
agreement to process recycled styrene monomer from
Agilyx’s Tigard, Oregon, facility at AmSty’s styrene
monomer plant in St. James, Louisiana. “We are excited
to work with Agilyx, a leading developer of recycling
technologies for plastics, as we continue to improve
our PolyUsable™ process assuring polystyrene remains a
automotive, and industrial and specialty chemical viable and growing component of the circular economy,”
industries. Sean R. Fallmann, President and Chief Executive said Brad Crocker, President and CEO of AmSty.AmStyis
Officer of CCC, said, “We welcome the employees of a member of the American Chemistry Council and
Polybottle and Humberline into the CCC family. These its Responsible Care initiative. Agilyx has developed
companies have great leadership teams and a strong the first full-circle system capable of recycling post-
reputation of consistently providing quality products and consumer polystyrene (packaging materials, foam
excellent customer service. This acquisition is another cups, etc.) into styrene monomer, which is then used
step in CCC’s North American growth strategy, in which we to make new polystyrene (“PS”) equal in quality and
combine strategic asset acquisitions with new innovative
products to better meet our customers’ needs.”
This acquisition, combined with the acquisition of Montreal
based DeltaPac in the second quarter of this year, will be
the foundation for CCC’s launch of its Dura-Lite® family
of packaging for food, beverage, and industrial markets.
“With this strong foundation in place, we are very excited
at the opportunity to expand our operations in Canada and
introduce our innovative Dura-Lite® family of bottles to
new customers,” Fallmann added. Dura-Lite® is designed
to use 10% to 25% less plastic than comparable traditional
designs, while meeting or exceeding the key performance composition to the original product. The company has
attributes of those traditional designs. With the addition of also commercialized a technology that converts mixed
EcoPrime®, a recycled resin safe for food contact, customers plastics to high quality VGO crude. Agilyx is working
will further strengthen their brand’s sustainability story. To with waste service providers, municipalities, refiners,
date, CCC has shipped over 300 million Dura-Lite® bottles and private and public enterprises to develop closed-
to customers throughout the United States including several loop industrial solutions for mixed waste plastics.
national beverage manufacturers.
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