Dive Brief:
- KW Plastics, a plastics recycling company located in Troy, AL secured a deal with Houston, TX-based Avangard Innovative (AI) to manage the growth strategy and purchasing of high density polyethylene (HDPE) from Mexico.
- AI has been navigating markets in Mexico since the 1990's, and operates one of the biggest recycling firms in North America.
- KW Plastics cites the popularity of HDPE as a reason behind its expansion efforts. The company said current demand has outpaced its supply, prompting it to seek opportunities from other sources.
Dive Insight:
Both firms are members of the trade organization, Association of Postconsumer Plastics Recyclers’ Rigids Committee. The association specializes in the recovery of polypropylene packaging; the group’s efforts have been integral in creating new opportunities stemming from the recycling stream.
