Posted in | News | Plastics and Polymers | Materials Processing

Resource Polymers Expects Sales of Recycled Plastics to Grow by 150%

Editorial Checklist Reviewed
Jan 28 2011

Related Stories

Fox Petroleum Inc. (PINKSHEETS: FXPT) announced today its Canadian based subsidiary Resource Polymers Inc. has seen a huge increase in demand for recycling and the company expects year over year sales to grow by more than 150%.

"Our Canadian operations are moving very smoothly and we have already seen an increase of product of suppliers in January which is traditionally a very slow month," said William Lieberman, President of Fox Petroleum. "I believe that we will be on target to reach 30 Million pounds of recycled plastics per year at the level we are already seeing for our services," he added.

The company is aggressively seeking additional acquisition targets in the plastics recycling market place to increase its processing capacity and the company is currently speaking to Fortune 500 companies in the automotive and beverage industries to process plastic waste streams and fulfill circular recycling streams.

Source:

http://www.foxpetro.net/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit

Sponsored Content

Editorial Highlights

The Current State of the Global Semiconductor Market

The Current State of the Global Semiconductor Market

The global semiconductor market has entered an exciting period. Demand for chip technology is both driving the industry as well as hindering it, with current chip shortages predicted to last for some time. Current trends will likely shape the future of the industry, which is set to continue to show

How are Graphene Batteries Made?

How are Graphene Batteries Made?

The primary distinction between graphene-based batteries and solid-state batteries lies in the composition of either electrode. Although the cathode is commonly changed, carbon allotropes can also be employed in fabricating anodes.

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback