When a top-tier plastic recycling plant built to recycle polyethylene plastic and convert it into plastic feedstock approached us about an auction, we were honored to help.
WOOD DALE, Ill. (PRWEB) July 23, 2020
When a major resource for plastic recycling recently needed to liquidate its operating plant in the midst of the pandemic, it turned to Aaron Equipment Company to get the job done. Neither client nor auction company knew what to expect with COVID-19 restrictions still in place, but the sale drew more than 100 registered bidders. When bidding drew to a close, the sale met the customer’s expectations.
An April 2020 Wired article (https://www.wired.com/story/coronavirus-pandemic-recycling-crisis/) revealed, “Yet Another Consequence of the Pandemic: More Plastic Waste.” The report ran with the sub-headline “This new normal means mountains of single-use plastic—and few places to put it but the dump.” With more plastic being consumed than ever before, more and more recyclers have been shutting down as COVID-19 presses on.
This side effect of the Coronavirus is one that could have long-term ramifications for the future of the planet. That is just one of the reasons Aaron Equipment Company was so pleased with the results of its latest auction. “When a top-tier plastic recycling plant built to recycle polyethylene plastic and convert it into plastic feedstock approached us about an auction, we were honored to help,” explains Aaron Equipment’s spokesperson. “We feel as though by turning around the large facility and getting that equipment into the hands of other potential recyclers quickly, we have done a small part to help keep plastic recycling on track.”
The relatively young plant and its recycling equipment still have plenty of years of service ahead of them. Getting the equipment back into the marketplace was a major concern for all involved. Among the equipment sold during the auction were shredders, pulpers, clarifiers, densifiers, trommels, extruders, granulators, screeners, screw presses and tanks.
Not only did Aaron Equipment accomplish this sales feat swiftly, but when all bidding was said and done, the company almost doubled the customer’s expectation in value. The successful auction was conducted in partnership with PPL Group LLC out of Northbrook, Illinois while COVID-19 restrictions were still being levied.
Businessowners who are worried that an impending liquidation in the midst of COVID-19 will result in lower sales figures can learn more about how Aaron Equipment Company’s auction and liquidation services are pulling off top-dollar successes online at https://www.aaronequipment.com/. For more information on how to liquidate an entire plant or just a few pieces of equipment, contact Bennett Cohen at (630) 350-2200.