One of the largest polyolefins reclaimers in North America struck a deal to send its residuals into a chemical recycling process, creating feedstock for new plastic or fuels. Troy, Ala.-based KW Plastics reached a long-term scrap supply agreement with Clean Planet Energy's North American division, which is building a pyrolysis plant in Alabama. Called an "ecoPlant," the facility will produce petrochemical feedstocks used to produce plastic or ultra-low-sulfur fuels, a press release noted. The agreement is for up to 20,000 tons of plastic per year generated at the Troy recycling facility. The residue would otherwise go to landfill. Ingram Micro, which owns a global electronics and IT asset disposition (ITAD) division, has filed with federal regulators to become a publicly traded company once again. The Irvine, Calif.-based electronics distributor in late September submitted a confidential filing with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). The company runs an ITAD division with over a dozen facilities throughout North America and others in South America, Europe and Asia. An IPO would bring Ingram Micro back to U.S. stock exchanges, where the company's shares were traded until a Chinese conglomerate bought Ingram Micro in late 2016. A date for the IPO has not been announced.
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