Advanced Drainage Systems acquires Jet Polymer Recycling

Hilliard, Ohio-based Advanced Drainage Systems Inc. (ADS), a provider of water management solutions in the stormwater and septic wastewater industries and plastics recycler, has acquired Jet Polymer Recycling, a privately owned recycling company located in Fort Payne, Alabama.

“We are excited to welcome Jet to ADS,” says Scott Barbour, president and CEO of ADS. “This acquisition advances our strategic priority to expand the ADS Recycling capabilities to support future growth while also underpinning ADS’ commitment to environmental sustainability.”

According to a news release from ADS, the transaction secures high-quality recycled plastic to leverage in the on-site septic wastewater business. It also provides the company a platform to obtain additional high-density polyethylene (HDPE) in the southern region of the United States, which remains a key growth area for both ADS and Infiltrator Water Technologies, a subsidiary of ADS.

The terms of the transaction were not disclosed.

Jet Polymer has three locations in Alabama and Georgia. Jet Polymer is currently the largest supplier of recycled polypropylene (PP) for Infiltrator Water Technologies.

ADS Recycling, formerly Green Line Polymers, purchases high-density polyethylene (HDPE) bales, flakes and pellets from postconsumer and postindustrial sources. According to ADS' 2020 sustainability report, in its 2020 fiscal year, the company reprocessed 81 percent of the recycled HDPE purchased by ADS through its recycling operations. ADS subsidiary Infiltrator mainly buys recycled HDPE flakes and pellets and PP from postindustrial and postconsumer sources. In the company's 2020 fiscal year, its recycling operations reprocessed 27 percent of the recycled plastic purchased by Infiltrator.