Dive Brief:
- Renew Blue Industries, a medical waste processor, announced it will open a non-hazardous medical waste plastics operation in Sherman, TX at the beginning of 2015.
- The board of directors for the Sherman Economic Development Corp. (SEDCO) in Texas inked an economic development performance contract with Renew Blue that includes $400,000 in grants.
- The company recycles polypropylene plastic material into pellets, in addition to recycling various other non-contaminated polypropylene plastics.
Dive Insight:
Renew Blue expects that, once its processing center is operational, it will accept plastics such as blue wrap, saline bottles, and uncontaminated basins. The company will take in materials from hospitals and surgical centers located in the Dallas metro area.
The company expects to invest $1 million in manufacturing equipment and $150,000 in renovations for the building that it will occupy.