THE WOODLANDS, Texas–(BUSINESS WIRE)–Epsilyte, a leading producer of advanced materials in North America, announces investments to expand capabilities in both recycling and production. These investments will focus on three areas:
- Further expand post-consumer recycling capabilities at Epsilyte’s Piqua, Ohio, manufacturing facility, increasing the facility’s ability to efficiently use post-consumer polystyrene as a feedstock to produce our advanced materials.
- Debottleneck production in Peru, Illinois increasing capacity by ~25 million pounds per year by EOY 2023.
- Commission an engineering study to expand the Peru, Illinois facility adding 220 million pounds of production capacity by 2025.
These investments are expected to bring a combined 245 million pounds per year of production capacity to the North American market in support of the forecasted strong growth in the advanced materials markets. These developments are expected to lead to an influx of available full-time positions in Operations, Maintenance, Engineering, and other critical areas.
«We continue to see strong demand for growth in our markets, and we expect this to continue. We believe these investments are the most efficient way to increase North American expandable polystyrene production to meet the needs of our customers,» says Glenn Wredenhagen, Vice President, Commercial & Supply Chain. «It’s critical to Epsilyte, our employees, our customers, and the planet to do this in a way that supports our sustainability strategy and takes advantage of the unique environmental benefits of these advanced materials.»
*Epsilyte’s production expansion investments are subject to permitting and regulatory approval.
Epsilyte is one of North America’s leading producers of advanced insulative materials. We are a company of scale focused on solving customer needs for lightweight, energy-efficient, and carbon-favorable materials. This includes reducing energy usage in buildings, ensuring safe and healthy food through innovative packaging technology, protecting lives in safety helmets and car seats, and enabling cost-effective infrastructure investment worldwide.
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