Aquafil to Acquire Planet Recycling
Cartersville, GA, November 20, 2020-Aquafil Group will acquire Planet Recycling Inc. The recycler will join the Aquafil Group in mid-December 2020.
Planet Recycling, Inc., based in Phoenix, Arizona, has been an industry leader in recycling residential and commercial carpet waste and carpet pad materials for more than 35 years. The company has products and services including flooring waste management, carpet recycling and installation supplies. Planet Recycling diverts over 10,000 tons of post-consumer carpet and carpet pad from Phoenix Valley’s and San Diego county’s landfills each year. The company’s existing collection facilities will enhance the availability of used carpet material for the Aquafil carpet recycling facility in Phoenix and will also create a stable quantity of nylon waste to be supplied to the regeneration plant in Slovenia where carpet waste and other materials such as fishing nets and other types of nylon waste are regenerated to make Econyl yarns and polymers.
Each year in the U.S. four billion pounds of carpet is discarded in landfills and only 5% of carpet waste is recycled. Aquafil Group is committed to help reduce this waste by implementing a closed-loop supply chain where carpets are recycled instead of ending up in landfills.
Aquafil has two carpet recycling facilities, one in Phoenix, Arizona, and one in Woodland, California, that can each process up to 36 million pounds of carpet annually which is equal to the total weight of 27 Airbus A380 planes.