This is the biggest recycling project ever aiming plastics for reprocesses and other types of energy outputs. This is not a normal project which is carried out every month, every year or even in a decade, said one economic development official!
It would not be taken as wrong to call it the most massive plastic recycling project in the world regardless of Indiana or even US; but the whole globe.
International Recycling Group (IRG) will set up the entire infrastructure within a 575,000-square-foot construction to be found in Business Park in Portage. In addition, the future aspirations are to fill the overall gap, stated by Jim Fitzer, CEO of Portage Economic Development Corp.
According to the economic developer, IRC is predicted to expend $70 million and employ 220 workers for the commencement of the world’s largest recycling project.
The key objective of the recycling project is to collect the plastic wastages from front door that obviously would otherwise be land filled, reported Fitzer. “The group will exploit these plastic materials by passing it through processes and get the two final products from it.” However, covert used plastic into new plastic will be among one stream of the recycling process.
In contrast to it, the non-recyclable plastics will be used in producing the blast furnace fuel, suggested the economic developer. The total investment incur over it will be stood at $30 million. “It’s really going to be a big operation,” he said.
The Vice president of IRG, Doug Schrader is considered as the key hand of the company who coordinate with Portage Economic Development Corp. to get the operations active and running. He didn’t pass any comment regarding the project but official website of IRG enlightens the standpoint of the company over plastic wastages, reprocess and the connection to steel.
The prime focus for raw materials will rest on plastic scrap that has some monetary value and it usually goes into waste or is transported in bulk quantities to the other countries under cheap rates as compared to the material used for energy purposes, the Portage explains.
IRG’s Vice Chairman shares his thoughts with a local newspaper that, the second phase of the project will also bring positive economical impacts by creating more than 220 jobs and adding further $70 million investment in it.