Investment will enable the facility to recycle even more plastics bags and other polyethylene film, producing up to 28 million pounds of recycled material annually
Hartsville, SC /PRNewswire/ - Novolex®, a leader in packaging choice, innovation and sustainability, announced today that it is investing $10 million to expand capacity to recycle plastic bags and other polyethylene film at its recycling facility in North Vernon, Ind.
The investment in mechanical recycling equipment will enable the plant to produce up to 28 million pounds of recycled content per year to produce new products made with post-consumer or post-industrial recycled content. The plant is one of two world-class film recycling facilities operated by the company.
"Our added recycling capacity in Indiana reflects the Novolex commitment to support the circular economy," said Stan Bikulege, Novolex Chairman and CEO. "The technology will reduce waste and provide much-needed recycled content that we will be able to use in our products. The expansion will create jobs for the community and enable us to develop innovative packaging solutions for our customers — a win for everyone."
The expanded operations will begin to come online in the fourth quarter this year and reach full capacity by the end of 2023 as new equipment is installed in phases. When fully operational, the project is expected to provide 14 additional jobs for the community.
The state-of-the-art equipment chosen for the expansion will be able to identify and sort a wide range of incoming materials such as plastic bags, pallet wrap, agricultural film and more, providing important flexibility in the range of potential incoming feedstocks. At full capacity, the plant will utilize up to 40 million pounds of polyethylene waste that will be diverted from landfills each year.
Novolex develops and manufactures diverse packaging products for multiple industries in the foodservice, delivery and carryout, food processor and industrial markets that touch nearly every aspect of daily life. The Novolex family of brands provides customers with innovative food and delivery packaging and performance solutions products for their business needs today while investing in research and development to engineer more sustainable choices for the future. With more than 10,000 employee families, Novolex operates 57 manufacturing facilities in North America and Europe, including two world-class plastic film recycling centers. To learn more about Novolex, visit www.novolex.com.