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Home Plastics

Trex has banner year

Jerry PowellbyJerry Powell
March 2, 2016
in Plastics

Trex ProductThe country’s largest consumer of recovered polyethylene film posted record sales in 2015.

Trex, based in Winchester, Va., saw sales rise 13 percent last year to $441 million. The publicly traded company reported just over $391 million in sales in 2014.

The increase in sales helped push up net income by 16 percent, to $48 million.

“We are pleased with our strong momentum in 2015, and enthusiastic about our prospects for further expanding our industry-leading market share in 2016,” CEO James Clin said in a press release.

The firm produces decking products from recovered plastics and wood fiber. Its products are sold in 6,700 retail outlets worldwide.

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Jerry Powell

Jerry Powell

Jerry Powell is the founder and editorial advisor of Resource Recycling, Inc., which publishes Resource Recycling, Plastics Recycling Update and E-Scrap News. He previously owned and managed a recycling consulting company and managed a recycling business in Portland, Ore. He can be contacted at jpowell@resource-recycling.com.

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