CarbonLITE PET Facility On-Stream Mid-2011

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CarbonLITE will produce bottle-grade PET pellet and flake from post-consumer PET bottles with a first phase annual capacity of 100 million pounds. This will make CarbonLITE the largest bottle-grade pcrPET producer in the Western States.

Making packaging degradable is not the answer...that's almost as bad as incineration. The implications for carbon reduction and resource preservation make recycling the only responsible option.

Leon Farahnik, Chairman of HPC Industries LLC, today announced that HPC’s recycling venture, CarbonLITE Industries LLC will locate operations in a new 220,000 square-foot facility in Riverside, CA. The plant is scheduled to come on-stream in mid-2011.

CarbonLITE will produce bottle-grade PET pellet and flake from post-consumer PET bottles with a first phase annual capacity of 100 million pounds. This will make CarbonLITE the largest bottle-grade pcrPET producer in the Western States.

The capacity will double to 200 million pounds when the second phase comes on-stream in 2012.

In April this year HPC completed the sale of its thermoforming business, PWP Industries, to Pactiv Corporation for $200 million. PWP had established a pcrPET recycling facility in Parkersburg, WV in mid-2008.

Neville Browne, President of CarbonLITE, believes the future of single-use packaging lies in the success of recycling programs. “Making packaging degradable is not the answer… that’s almost as bad as incineration. The implications for carbon reduction and resource preservation make recycling the only responsible option” said Browne. “The success of any recycling program demands the highest level of quality output so that virgin-material displacement is seamless. In the first phase of our Riverside operation we will be investing $40 million in state-of-the-art equipment to make certain that happens”.

Until the Riverside facility is operational, the CarbonLITE team will operate from HPC’s offices in Century City, Los Angeles.

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Rick Zirkler

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