North American Plastics Recycling is pleased to announce the acquisition of major recycling company Resource Plastics of Chicago on June 30, 2022
The Resource Plastics team is a multi-faceted and diverse post-industrial plastic processor specializing in recycling, compounding, manufacturing, and raw material distribution. Since 1994, Resource Plastics has built its brand from a small, start-up brokerage of plastic raw materials into a state-of-the-art 175,000 square foot brick and mortar encompassing sorting, separation, granulation, compounding, pelletizing and profile extrusion. Long-time owners Bob Murphy and Bill Steinhaus will continue to lead the company into the next phase of growth, and the acquisition by North American Plastics will allow them to continue to fulfill their vision.
About North American Plastics
With more than 115 locations across 17 unique brands, North American Plastics is the industry's largest plastic sheet, rod, tube, and film distributor, with a recycling division built on recycling internally as a business unit and consulting service for businesses. We are committed to continually evolving to maintain our already industry-recognized, award-winning program and to continue to add value through sustainability to drive plastic pounds back into domestic manufacturing and reduce the volume of plastic waste.
Nicole Papadakis, Director of Recycling and Sustainability, shared, "With 175,000+ sq ft of best-in-class quality control and processing, the addition of Resource Plastics takes plastics distribution market leader North American Plastics beyond the 100 million lbs./year mark for materials being put back into the supply chain and kept out of landfills! This is just the beginning of our long-term plan of creating an end-to-end sustainable solution for performance plastics!"
North American Plastics takes great pride in partnering with new teams with minimal impact. Relationships with both best-in-class organizations will remain and grow in this new structure