NC Grants to Boost Investment in Plastic Recycling
Plastic Recycling | 2020-05-11 19:39:42
The grants to the above mentioned companies totalled $337,000.
By Paul Ploumis
SEATTLE (Scrap Monster): The grants recently announced by the North Carolina Department of Environmental Quality (DEQ) have boosted investments by plastic recycling companies in new equipment.
A total of $665,630 was allocated to as many as 20 recycling companies. Nine out of the 20 companies belong to plastic recycling sector. The grants to the above mentioned companies totalled $337,000. The companies will invest $1.41 million of their money, as required by the grant conditions. The funding will be used to purchase latest machinery to boost recycling of plastic, which in turn will lead to diversion of approximately 15,400 tons per year of scrap plastic from N.C. landfills.
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The table provided below narrates the details of the grant received by plastic recycling companies.
Company Name | Grant Amount | Purpose |
AEIPLUS | $40,000 | Equipment to clean contaminated agricultural plastics |
Bromley Plastics | $60,000 | Plastic shredding system |
Clear Path Recycling | $40,000 | System to reprocess material bound for landfill |
High Cube | $25,000 | Foam densifier |
Pelican Packaging | $40,000 | Rebuild plastic shredder and purchase horizontal baler and forklifts |
Plastic Materials | $60,000 | Larger Building |
RePolyTex | $30,000 | Molding Equipment |
Resource Material Handling and Recycling | $12,000 | Cyclone separation machine |
Wellmark Plastics | $30,000 | Optical sorter |
Jamie Ragan, director of the Division of Environmental Assistance and Customer Service noted that the grants are expected to create new jobs and redirect recyclables back into the economy.
