Plastics-to-Fuel Company Chooses Ashley
(Image Courtesy of RES Polyflow LLC)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowOhio-based RES Polyflow LLC is planning a scrap plastics-to-fuel processing facility in northeast Indiana. The company is looking to pump as much as $182 million into an 80-acre operation in Ashley over the next three years that could employ nearly 140 workers.
The facility will be located near I-69 in the town that straddles Steuben and DeKalb counties. The first, $90 million phase of construction is expected to start in the spring and if broader objectives are reached and become fully-operational, the Ashley plant could produce around 25 million gallons of ultra-low sulfur diesel and gasoline blendstocks per year by 2021. Initial plans call for converting 100,000 tons of scrap plastic into 17 million gallons of fuel.
Chief Executive Officer Jay Schabel says "the Ashley site offers many logistical advantages for our suppliers and customers which allows us to expand rapidly to achieve our 10-year growth plan. However, the deciding factor was the responsiveness and support shown by the people of Ashley, Steuben County and the state of Indiana. They are truly partnering with us on the journey of commercializing this unique technology with their sights set on the reward of creating competitive manufacturing jobs while improving the planet for existing and future generations."
Hiring is expected to begin in the summer and the Indiana Economic Development Corp, says wages will be 45 percent higher than average in Steuben County. The new facility will be the company’s first for plastics-to-fuel conversion and be a Midwest hub for future plants.
The company could receive up to $1 million in conditional tax and training incentives from the IEDC. The town and county are also set to mull additional tax breaks.