Shaw Industries Group Inc. and DAK Americas LLC have created a joint venture company, Clear Path Recycling LLC, to produce Recycled PET (RPET) from post-consumer PET, which is typically derived from recycled water and soda bottles. Both DAK, the second largest PET Resin and largest Polyester Staple Fiber producer in the Americas, and Shaw will use the RPET material primarily in the companies’ polyester products. Shaw is the initial majority partner in Clear Path Recycling LLC.
“This joint venture investment represents an important strategic benefit to Shaw’s PET filament product lines,” said Vance Bell, Shaw’s CEO. “The recycled content manufactured in this facility, combined with Shaw’s patent-pending BCF manufacturing process, will allow us to significantly enhance and expand our innovative Clear Touch BCF family of products.”
Clear Path Recycling LLC will build a plant in Fayetteville, N.C. at DAK Americas’ Cedar Creek site: construction is expected to begin in mid 2009.
Shaw, DAK to create ‘largest recycling plant'
June 18, 2009