Chesapeake Materials Celebrates Over 100 Million Pounds Of Plastic Repurposed In 2019
This milestone is indicative of growth for Chesapeake as they continue to increase their volume of the recycled plastic year over year. In 2017 Chesapeake helped repurpose nearly 64 million pounds of plastic and in 2018 they were responsible for the reuse of almost 96 million pounds of plastic.
Recycling plastic takes 88% less energy than making plastic from raw materials. Chesapeake Materials is a unique operation that helps manufacturers use recycled plastic in lieu of those raw materials from sources like China. They do this by sourcing plastic from all over the United States from plastic recyclers and compounders. They then provide all of the logistics needed to move plastic in bulk to meet the demands and requests of the manufacturers.
“Our goal is plastic sustainability for the United States as a whole, we will continue to strive for a year over year increases in the total amounts of plastic repurposed while partnering with more manufacturers in 2020” – Sean Shannon, President Of Chesapeake Materials.
Chesapeake has a unique approach in helping the recycling industry that allows them to promote turnkey solutions to manufacturers and recyclers alike. Solutions such as; financing equipment & creative payment terms that help to improve cash flow for its partners. Understanding the needs of both manufacturers and recyclers and an ability to provide those needs are what make Chesapeake Materials successful in reaching milestones towards plastic sustainability.