Kentucky’s Global Polymers expanding, moving to Indiana
The polypropylene recycler will invest $8.5 million to fit an existing facility in Charlestown, across the Ohio River from its current home in Jeffersontown, Kentucky.
Antoinette Smith has been at Resource Recycling Inc., since June 2024, after several years of covering commodity plastics and supply chains, with a special focus on economic impacts. She can be contacted at [email protected].
The polypropylene recycler will invest $8.5 million to fit an existing facility in Charlestown, across the Ohio River from its current home in Jeffersontown, Kentucky.
The global packaging giant said some brand owners have lost market share while navigating an inflationary environment, and now may shift focus from price to volumes.
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Despite a "highly uncertain" macroeconomic landscape, the company expects to see accelerated revenue growth in 2026 from its Renew line of resins that include recycled PET as it works to build market share in the packaging sector.
Persistently low virgin resin pricing has been a significant factor for PE recyclers, who have been unable to compete.
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