PTT Global Chemical America (PTTGCA) and Rumpke, a Cincinnati, Ohio-based waste and recycling company, have announced a plan to work together as PTTGCA establishes a new facility to create products from recycled plastic.
As reported by The Times Leader, the companies signed a nonbinding memorandum of understanding regarding the provision of bale supply for a new recycling complex.
PTTGCA is the U.S. subsidiary of PTT Global Chemical Public Co. Limited, or GC, the largest integrated petrochemical and refining business in Thailand and the same company that has proposed the construction of a petrochemical complex in Belmont County.
In addition to the Belmont facility, Columbus-based spokesman Dan Williamson told The Times Leader that PTTGCA will soon announce the location of a new manufacturing plant of recycled plastics in the U.S. Rumpke has agreed to supply bales of plastics as feedstock to the facility once a final project investment decision is made by the end of 2022.
“This project is consistent with our full participation in the green economy and our ambitious goals to cut greenhouse gas emissions in order to combat climate change,” says Panod Awaiwanond, CEO of PTTGCA. “We are proud to partner with Rumpke, which has earned its reputation as a leading U.S. recycling business.”
“As the leader in Ohio when it comes to recycling, we are always looking for new end users for our commodities,” Rumpke Director of Recycling Jeff Snyder says. “We are excited to have GC coming to the Midwest as this aligns nicely with our announcement of our new Resource Recycling plant in Columbus, Ohio, and the continued growth of recycling.”
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