Automotive OEM - Savings of $2.2 Million

THE CHALLENGE:

A major Tier One Automotive OEM, located in Michigan sought Geo-Tech’s help to reduce product costs dramatically by recycling 100% of their Painted TPO and PC/ABS plastics and putting them back into production to replacing prime resin at a 50-75% savings.  

THE SOLUTION:

Geo-Tech Polymers successfully processed the TPO and PC/ABS plastics, exceeding the automaker’s requirements. When the cleaned material was tested, it met the original prime material specifications.

THE SAVINGS:

In year one, the OEM automaker reported saving $2.2M by using its recycled product for high-end applications, replacing prime resin at a fraction of the cost.  Additionally, productivity for the OEM was increased when resources allocated to selling and managing the recycled product were redirected to higher priority business needs.

Savings of $2.3 Million

Retail Consumer Packaging Company - Savings of $1.3 Million

THE CHALLENGE:

A billion-dollar provider of plastic consumer packaging and generates millions of pounds of plastic scrap each year. The company sought the help of Geo-Tech to recycle its white and clear screen printed plastic scrap for re-use, reducing the amount of costly virgin resin it need to purchase.

THE SOLUTION:

The Retail Packaging Company selected Geo-Tech Polymers for its successful water-based process (no harsh chemicals or solvents used) and the uniquely high quality of its post-recycled product.

THE SAVINGS:

The Retail Packaging Company is on track to recover at least 3 million pounds of decorated scrap, saving an estimated $1.3 million dollars in the first 12 months of use. By using its recycled product for high-end applications, the company is able to greatly reduce the need to invest in prime resin.

Savings of $1.3 Million