The Akron-based RES formed Enretec LLC, based in Las Vegas, with principals of the development and implementation team, investor group Polyflow West, according to a news release. The two groups own and will operate the venture.
RES Polyflow is completing the startup phase of a full-scale processing facility in
Ohio that is capable of converting 60 tons per day of end-of-life plastic into transportation fuels.
The joint venture is a key step toward full commercialization of the technology, said Jay Schabel, RES Polyflow CEO. “As we prove this highly productive and
profitable technology operating with continuous feed at full production output, our focus moves to expanding our ability to provide qualified resources to support our growth. Our partners within ENRETEC have access to the talent, capital and industry partners in the western states that will enhance our ability to support rapid deployment and growth.”