HPC spending $40m on PET recycling plant

09/24/2010

HPC Industries LLC’s recycling operation, CarbonLITE Industries LLC, will open a 220,000-square-foot bottle-to-bottle PET recycling plant in Riverside, Calif. in mid-2011.

The operation is aimed at reducing the carbon footprint from PET bottle production and keeping bales of that recycled material from being exported from the West Coast to China.

The initial $40 million investment includes nearly $30 million of equipment for the first phase of the project, which will create a line that with the capacity to produce 100 million pounds of washed flake, and food-grade flake and pellets, said CarbonLITE President Neville Browne in a Sept. 24 phone interview.

The second phase, scheduled to go into operation...
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