Home Back Issues February 2010 Plastics recycler sets up in St. Helens

Plastics recycler sets up in St. Helens

| Print |  Email
Articles - February 2010
Thursday, January 21, 2010

A team of veterans from the recycling industry plans to break ground this month on a new plastics recycling facility in St. Helens to turn millions of tons of discarded plastic bottles into raw materials for re-use.

The new ORPET recycling plant is expected to employ 50 people as it launches and to grow in synch with the regional market for recycled plastic. The project is a collaboration between Dennis Denton of Denton Plastics, the largest plastics recycler in Oregon; Tom Leaptrott of Quantum Leap LLC, a supplier of packaging materials; and the Oregon Beverage Recycling Cooperative, which runs the state’s five-cent bottle deposit program.

The end product to be manufactured in St. Helens will be PET polyester flakes, widely used in construction and packaging materials as well as apparel. Some 6 billion pounds of this raw material are used each year nationally, according to Leaptrott.

“It’s an affordable, sustainable product,” says Leaptrott. “This type of recycling has been done for 25 years. It’s a proven process and it’s very clean.”

Local and state officials have praised the project on environmental as well as economic grounds. Recycling plastic bottles locally rather than shipping them to China to be recycled will reduce the burning of transportation fuel, while creating new employment in a community that recently lost hundreds of jobs at the local paper mill.

Leaptrott says the market for recycled plastics crashed during the recession but has recovered powerfully over the past few months. “We won’t have any trouble selling what we make,” he predicts.

BEN JACKLET
 

More Articles

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...

The global challenge

News
Friday, June 27, 2014
062714 thumb globalmarketBY JASON NORRIS | OB BLOGGER

Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...

Interview: Dr. Mark Goulston

Contributed Blogs
Thursday, July 10, 2014
JustListenBY TOM COX | OB BLOGGER

Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.


Read more...

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Blips and trends in the housing market

News
Thursday, June 26, 2014
062614 thumb realestateBY ERIC FRUTS | OB BLOGGER

Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS