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GlyEco signs agreement with polyester fiber producer
Jul '14
Sustainable glycol technologies leader GlyEco, Inc. has begun servicing its Polyester By-Products Supply Agreement with a large multi-national polyester fiber producer.
Under the terms of the exclusive agreement, GlyEco will handle collecting, transporting and recycling of all polyester purge stream by-product from the plant of a leading U.S. producer of industrial polyesters and fabrics. The contract will keep an estimated 1.15 million gallons of polyester purge stream by-product from becoming pollution.
"Some very exciting things are happening here. To begin with, we are providing textile producers with a better alternative to landfilling their purge stream waste glycol," stated John Lorenz, CEO of GlyEco. "These customers can do the right thing for the environment while mitigating potential liabilities, possibly saving costs and creating green products in the process."
"We now have the capacity at our New Jersey processing center to fulfill the demands of multiple high-volume contracts. Customers, particularly in the polyester manufacturing industry, have been asking for this type of business partnership. As we announced last week, we spent several months building the processing capacity and infrastructure necessary to effectively manage these kinds of relationships," stated Lorenz.
The Company intends to use its patent-pending technology to process this waste material into refinery-grade (ASTM E1177 compliant) recycled glycol at its New Jersey processing center.
Lorenz continued, "We consider this a huge step forward for the glycol recycling industry. The textile industry is the largest consumer of ethylene glycol in the world. Our proprietary GlyEco Technology is the only technology that can effectively clean polyester by-product to meet ASTM E1177 specifications."
About GlyEco
GlyEco is a green chemistry company with a patent-pending technology for transforming a hazardous waste into green products. GlyEco Technology has the unique ability to clean the polluted glycols from all five waste-producing industries: HVAC, Textiles, Automotive, Airline and Medical. This technology recycles waste glycol to meet ASTM Type 1 specifications – the same level of purity expected of refinery-grade glycols.


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