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PET Bottle Polymer
Circularix, a leading food-grade recycled polyethylene terephthalate (rPET) manufacturer backed by Macquarie, has entered into a supply agreement with Republic Services, sourcing material from the waste management company’s polymer centers
The collaboration signifies Circularix’s commitment to environmental goals, supporting beverage brands and consumer packaged goods (CPG) companies in fulfilling their sustainability commitments.
Operating a facility inrPET pellets Hatfield, Pennsylvania, with an annual capacity of approximately 55 million pounds of , Circularix is set to open another facility in Ocala, Florida, in the first half of this year. The company, established in 2022 as a joint venture between HPC Industries and Macquarie’s Commodities and Global Markets group, aims to build a total of five U.S. facilities, with a combined annual production capacity exceeding 275 million pounds of rPET resin. PET Bottle Polymer
Circularix’s leadership team, with prior experience in the rPET sector, includes President and COO Alex Delnik and CEO Leon Farahnik, formerly associated with CarbonLite. The partnership with Republic Services aligns with Circularix’s unique model of purchasing flakes to produce pellets, differentiating it from its predecessor.
Republic Services, expanding its presence in plastics recycling, has opened polymer centers, with plans to spend $300 million on four centers. Pete Keller, Republic’s vice president of recycling and sustainability, emphasized their commitment to helping customers achieve ambitious recycled content goals through high-quality recycled plastics, enabling bottle-to-bottle recycling with Circularix. PET Bottle Polymer
The partnership responds to the growing demand for rPET driven by major brands’ voluntary commitments and state mandates, aligning with global goals for increased recycled content in plastics.