Wellman Inc., Shrewsbury, N.J., announced that it would permanently close its flagship PET recycling and fiber production facility in Johnsonville, S.C., by the end of this month.
Wellman Inc., Shrewsbury, N.J., announced that it would permanently close its flagship PET recycling and fiber production facility in Johnsonville, S.C., by the end of this month. Wellman had reported substantial losses this year as PET prices rose and prices for secondary goods such as fiber didn’t keep pace, making them uncompetitive with products coming in from Asia. However, Wellman’s PET grinding and washing of post-consumer PET bottles was profitable. Using flake washing technology from Sorema of Italy, it produced 25,000 lb/hr of clean flake that satisfies FDA specs for food contact. It is believed to be the biggest PET recycling line in the world. Shaw Industries, Dalton, Ga., is rumored to be one potential buyer for the plant and equipment.