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DAK, Shaw Form PET Recycling JV

Polyester staple fiber producer DAK Americas LLC, Charlotte, and carpet manufacturer Shaw Industries Group Inc., Dalton, Ga., have formed a joint venture (JV) company, Clear Path Recycling LLC, to produce Recycle PET (RPET) from post-consumer polyethylene terephthalate (PET) bottles.

Clear Path Recycling plans to build a facility at DAK's Cedar Creek PET resin manufacturing site in Fayetteville, N.C., and annually will recycle more than 280 million pounds of PET - equal to around 5 billion bottles. The operation will reduce energy use by some 2.5 trillion British thermal units compared to virgin polyester production.

DAK and Shaw will use the RPET material primarily in-house, with the balance to be sold through merchant sales. Operations are expected to begin by first-quarter 2010 and provide approximately 100 new jobs.

May/June 2009

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