PTTGC America (GCA) and the Solid Waste Authority of Central Ohio (SWACO) have signed a non-binding memorandum of understanding to locate a new recycling complex on SWACO property. GCA, the U.S. subsidiary of PTT Global Chemical Public Company Limited (GC), Thailand’s largest integrated petrochemical and refining business and a leading corporation in Asia-Pacific, plans to construct and operate a manufacturing plant of recycled plastics in Grove City with a final investment decision to be made by the end of 2022. GCA has signed a separate MOU with Rumpke regarding feedstock plastics.
“Aligned with the Paris Agreement, GC Group aim to reduce current CO2 emissions by 20 percent by 2030 on our journey towards achieving Net Zero by 2050. This project illustrates our commitment to fight climate change and contribute to a circular economy. It also reaffirms our commitment to the U.S. and the State of Ohio,” GCA CEO Panod Awaiwanond said. “GCA is proud to partner with SWACO, Central Ohio’s resource for recycling and all waste diversion.”
The complex will be an enclosed operation that manufactures recycled polyethylene and polyethylene terephthalate into products. The facility will be located in SWACO’s Green Economy Business Park, which is being developed to use research, technology and manufacturing to bring together the sustainable materials management supply chain.
“We are pleased that PTTGCA has selected Ohio for their project. As SWACO continues to advance a more circular economy, we are constantly looking for ways in which materials from the local waste stream can be used to create economic development opportunities, supply sustainable businesses with materials and create new products for consumers,” said Joe Lombardi, SWACO’s Executive Director.