Wastren Advantage Inc. (WAI) has acquired a plastics recycling firm, Geo-Tech Polymers LLC, for an undisclosed amount.
The Piketon, Ohio-based WAI, a waste management and recycling services firm, bought Geo-Tech of Westerville, Ohio, which holds a patented process that increases the value and range of plastic products made from recycled materials. WAI said in a news release that Geo-Tech specializes in recycling automotive plastics from post-industrial and post-consumer waste streams.
The process does not use chemicals that can degrade the plastic, so the material can be used in high-end applications such as automotive parts. It also doesn’t have the environmental problems that can come with using chemicals, and saves energy, water and lowers carbon emissions, WAI said.
WAI will expand Geo-Tech’s production at a facility in Waverly, Ohio, operated by Hadsell Chemical Processing, near its Piketon headquarters. WAI aims for the expansion to help serve customers in the automotive, consumer products, packaging and other industries. The move will create 50 new jobs by adding at least two more production lines to the process.
WAI provides waste management, environmental remediation and facilities operations services to private- and public-sector customers. Steven Moore is the CEO.