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Two Huge Plastics Reclaimers Now Under Same Umbrella

Opening paragraphs from “Acquisition brings polyolefin reclaimers under same umbrella”, Plastics Recycling Update,, Jared Paben, August 7, 2019

The parent company of Green Line Polymers acquired the parent company of Champion Polymer Recycling in a purchase valued at over $1 billion.

Hilliard, Ohio-headquartered Advanced Drainage Systems (ADS) bought Old Saybrook, Conn.-based Infiltrator Water Technologies (IWT) for $1.08 billion, according to a press release.

ADS makes thermoplastic piping for commercial, residential, infrastructure and agricultural applications, with a focus on stormwater management. Founded in 1966, the company has 4,400 employees, 56 manufacturing locations and 32 distribution centers around the world.

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