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December 1, 2019
Ipex Completes Stock Purchase of Silver-Line
Ipex expands its production facilities with purchase of Silver-Line
Thermoplastic pipe extruder Ipex USA LLC just completed the stock purchase of Silver-Line Plastics Corp. and its four U.S. pipe manufacturing sites. This deal combines two of the larger pipe, profile and tubing extruders in North America. Ipex is currently the No. 8 pipe extruder having sales of $460 million and Silver-Line is the No. 34 pipe, profile and tubing extruder with sales of $140 million. The name of the company following acquired is now Silver-Line Plastics LLC and has joined the Ipex group of companies.
This acquisition strategically moves to improve market position for Ipex by gaining a broader portfolio and serving a broader client base. “We are excited about the opportunities the acquisition will bring for a broader product offering to our current and future customers, we view the US market as very exciting and certainly a large growth opportunity for us.” says CEO Alex Mestres. Silver-Line produces a broad range of pipe products including PVC and polyethylene pipe for a variety of end uses including irrigation, utility, and industrial. All 350 Silver-Line employees will be retained.
To read more about the huge acquisition in the plastic pipe market, click here.
This acquisition strategically moves to improve market position for Ipex by gaining a broader portfolio and serving a broader client base. “We are excited about the opportunities the acquisition will bring for a broader product offering to our current and future customers, we view the US market as very exciting and certainly a large growth opportunity for us.” says CEO Alex Mestres. Silver-Line produces a broad range of pipe products including PVC and polyethylene pipe for a variety of end uses including irrigation, utility, and industrial. All 350 Silver-Line employees will be retained.
To read more about the huge acquisition in the plastic pipe market, click here.
December 2, 2019
WL Plastics is Building a Pipe Plant in New York
WL Plastics is building a new polyethylene pipe extrusion plant
The WL Plastics Corp. is starting construction in Fort Edward, New York of another polyethylene pipe extrusion plant. The new plant is expected to open in the mid-2020s and will create 50 new jobs. The location was chosen to meet the region’s need for pipe products for sewer and water lines along with natural gas distribution pipes. Polyethylene pipe is known for its long-term performance and easy installation without costly trenching and related street, curb and tree damage. In addition, the HDPE pipes can withstand extreme temperature and seismic activity has low-maintenance, resists corrosion for wastewater applications, and is leak-free and flexible for conveying natural gas.
The company’s ninth U.S. facility, the New York plant will join current locations in Texas, South Dakota, Utah, Kentucky, Georgia, and Wyoming. WL Plastics generates an estimated $420 million in annual sales making them the 12th largest pipe extruder in North America.
To read more about WL Plastics expansion into New York click here
The company’s ninth U.S. facility, the New York plant will join current locations in Texas, South Dakota, Utah, Kentucky, Georgia, and Wyoming. WL Plastics generates an estimated $420 million in annual sales making them the 12th largest pipe extruder in North America.
To read more about WL Plastics expansion into New York click here
December 3, 2019
New York Pipe Site Partially Removed as National Cleanup Priority
The EPA has worked hard cleaning up this plastic pipe site
The U.S. EPA has removed most of the Vestal, New York site from the national priorities list for the federal superfund program that formerly was the location of the Robintech Inc. and National Pipe and Plastics Inc. site in. Prior cleanup at the site addressed millions of gallons of contaminated groundwater and 10,000 tons of contaminated soil. In 1984, a wastewater sample collected by the state to verify the discharge permit compliance found several volatile organic compounds (VOCs) in the 12-acre site just two years after the site was purchased by Buffton Corp. The EPA put the site on the national priorities list and the clean-up process began. Finally, 35 years later the EPA and the New York State Department of Environmental Conservation concluded that 9.7 acres of the property have been entirely cleaned up. The EPA deletes sites from the national priorities list when no further cleanup is required to protect human health or the environment. The VOC-contaminated groundwater and the soil vapor intrusion pathway are of course still being evaluated but after decades of complex investigation and cleanup work has transformed the site into a much safer area.
To read more about the EPA’s work on cleaning up this plastic pipe site, click here.
To read more about the EPA’s work on cleaning up this plastic pipe site, click here.
December 4, 2019
Energy Department Launches Plastic Recycling Research Program
The department of energy has started new recycling initiatives and research
The U.S Department of Energy intends to boost plastic recycling and address plastic waste problems through a research partnership that should tap into the agency’s technical capabilities, including its national research labs. "While plastics add much value to our society, we must find better solutions in dealing with plastic waste, including ways to recapture the critical materials contained in plastics rather than putting them in rivers, oceans, and landfills," said Dan Brouillette, deputy secretary of energy. Collection, deconstruction or chemical recycling, upcycling waste streams into higher-value products, design for recyclability and commercialization to support companies developing new recycling technologies are the 5 areas that the department will focus on.
The program will use the departments' capabilities in both fundamental and applied research, including its national research labs and working with universities. The U.S. Energy department plans to position itself as a world leader in advanced plastic recycling technologies. The main goal is to “increase the circular use of plastics in American manufacturing says the American Chemistry Council plastics division.
To read more about the department of energy’s new recycling initiatives and research click here.
The program will use the departments' capabilities in both fundamental and applied research, including its national research labs and working with universities. The U.S. Energy department plans to position itself as a world leader in advanced plastic recycling technologies. The main goal is to “increase the circular use of plastics in American manufacturing says the American Chemistry Council plastics division.
To read more about the department of energy’s new recycling initiatives and research click here.
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