PTI Recycling Systems Formed to Sell/Service Modular, Food-Grade rPET Production System Globally



    HOLLAND, Ohio, June 22 /CNW/ -- A compact, modular system to produce
food-grade, recycled polyethylene terephthalate (rPET) resin is now available
globally.  The system has been designed to cost-effectively address increased
international rPET demand for blow molding, injection molding and
thermoforming applications, by efficiently turning post-consumer PET
containers into reusable food-grade resin.

    PTI Recycling Systems, LLC, a wholly-owned subsidiary of Plastic
Technologies, Inc., has been formed to bring the proven LNO(TM)c rPET
production process to the global marketplace. For the past two years, LNO(TM)c
resin has been produced for commercial use in the United States, by Plastic
Technologies' sister company Phoenix Technologies, Bowling Green, Ohio.

    "Plastic Technologies has a strong reputation as a global engineering
firm that executes confidential, technical packaging projects for major brand
owners around the world.  Because we have had the opportunity to validate the
LNO(TM)c process for several applications, we believe that this technology has
the potential to become the new global standard for rPET production," said
Craig Barrow, president, Plastic Technologies.

    The new company will be headed by Steve Hawksworth, director, who will be
responsible for selling and servicing the "small footprint, low energy" system
internationally. (The equipment requires less than 2,500 sq. ft. and can
easily be taken apart and transported to a new location, if desired.)

    "The base unit produces 10 million pounds or 4,500 metric tons of rPET
per year. Capacity can easily be doubled with an add-on module. Further, we
estimate the 'total cost of ownership' at approximately 40% less than other
rPET technologies which can require capital investments as high as $8-10
million," said Hawksworth.

    The modular system is ideal for companies who want to quickly incorporate
commercially-proven rPET production into their own facilities -- particularly
those who were previously blocked by capital investment, space and labor
constraints. This includes recycling plants, brand owners, retailers,
municipalities, etc.

    "Our philosophy is that rPET supply is better suited to multiple,
smaller, processing operations vs. one or two large capacity plants. We
believe in a local 'consume, collect, convert' approach. By locating rPET
production in closer proximity to resin users, you improve supply times and
reduce the carbon footprint," he explained.

    The LNO(TM)c process relies on Phoenix's patented "extremely small
particle size" technology. The tiny particle size enables more efficient
decontamination compared to other processes, resulting in faster output and
significant energy savings. (The "c" in the brand name refers to the
"compacted" resin that is the end result.)

    LNO(TM)c technology produces rPET with superior color and yield as
compared to other methods.  Another benefit is its higher intrinsic viscosity
(IV) or molecular weight which more closely matches the IV found in virgin
resins.  This enables higher package performance.

    The resulting rPET is ideally suited for a variety of food and beverage
applications including water, carbonated soft drinks, juices, fruit, baked
goods, meats and cheeses.  Package types include bottles, thermoformed
containers and films, as well as drinking cups, vegetable oil and deli
containers.

    PTI Recycling Systems has teamed with Conair, Cranberry Township, PA, to
build the modular LNO(TM)c processing equipment.  This includes a grinder that
converts rPET flake into extra small particle-size powder, a compactor to
compress the powder in pellets and a standard resin dryer.
    

    About Plastic Technologies
    
    Plastic Technologies, Inc. is recognized worldwide as the preferred
source for preform and package design, package development, rapid prototyping,
pre-production prototyping, and material evaluation engineering for the
plastic packaging industry. For more info: www.plastictechnologies.com and
www.ptirecyclingsystems.com.
    


    

    
    Media Contact:  Sophia Dilberakis
                    SD Communications
                    +1 (312) 787-5800
                    sophiad@att.net


    




For further information:

For further information: Sophia Dilberakis, SD Communications,
+1-312-787-5800, sophiad@att.net Web Site: http://www.plastictechnologies.com

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PLASTIC TECHNOLOGIES, INC.

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