Sustainability Mission: AZEK acquires Return Polymers
The AZEK Company announced that it has completed its acquisition of Return Polymers.
Based in Ashland, Ohio, Return Polymers is a PVC recycling and compounding company. The acquisition will allow AZEK to accelerate its sustainability mission by bringing in-house PVC recycling capabilities that will be leveraged by its TimberTech AZEK, AZEK Exteriors, Versatex and Vycom brands and products.
Return Polymers brings full-service recycled material processing, sourcing, logistical support, and scrap management programs to AZEK.
AZEK said that Return Polymers brings full-service recycled material processing, sourcing, logistical support, and scrap management programs to its expanding capabilities. The company also complements AZEK’s recently opened 100,000-square-foot polyethylene recycling facility in Wilmington, Ohio.
In 2019, Return Polymers was named the first-ever Vinyl Recycler of the Year by the Vinyl Sustainability Council.
“Acquiring Return Polymers reinforces our commitment to manufacturing sustainable, innovative low-maintenance products for customers and consumers,” said Jesse Singh, CEO of AZEK. “Much like AZEK, Return Polymers has built a stellar reputation through its environmental stewardship, capabilities and certifications as well as its material science expertise.”
Chicago-based AZEK said that it utilizes more than 200 million pounds annually of recycled material in its TimberTech deck boards alone. In turn, AZEK said that the acquisition of Return Polymers allows AZEK to further strengthen its commitment to sustainability in manufacturing by bringing PVC recycling in-house and increasing the recycled material content across multiple product lines.
“This is an opportune moment for both Return Polymers and AZEK,” said David Foell, president of Return Polymers. “Over the course of our business together, The AZEK Company has proven itself as an industry-leader in quality, sustainability, and safety – which are precisely our core tenets at Return Polymers. We are excited to join the AZEK family and help contribute to its sustainability mission, while continuing to support our existing customers and partners.”
Return Polymers employs a team of approximately 80 people who will become a part of the AZEK portfolio of brands and continue to operate under the company’s reputable name. Foell and the existing management team will continue managing day-to-day operations, according to AZEK.
“This is now our third acquisition over the last three years,” said Singh. “As a company, AZEK will continue to identify and strategically invest in products and efficiencies that align with our values and strengthen our growing portfolio.”
Terms of the transaction were not disclosed.
Based in Ashland, Ohio, Return Polymers is a PVC recycling and compounding company. The acquisition will allow AZEK to accelerate its sustainability mission by bringing in-house PVC recycling capabilities that will be leveraged by its TimberTech AZEK, AZEK Exteriors, Versatex and Vycom brands and products.
Return Polymers brings full-service recycled material processing, sourcing, logistical support, and scrap management programs to AZEK.AZEK said that Return Polymers brings full-service recycled material processing, sourcing, logistical support, and scrap management programs to its expanding capabilities. The company also complements AZEK’s recently opened 100,000-square-foot polyethylene recycling facility in Wilmington, Ohio.
In 2019, Return Polymers was named the first-ever Vinyl Recycler of the Year by the Vinyl Sustainability Council.
“Acquiring Return Polymers reinforces our commitment to manufacturing sustainable, innovative low-maintenance products for customers and consumers,” said Jesse Singh, CEO of AZEK. “Much like AZEK, Return Polymers has built a stellar reputation through its environmental stewardship, capabilities and certifications as well as its material science expertise.”
Chicago-based AZEK said that it utilizes more than 200 million pounds annually of recycled material in its TimberTech deck boards alone. In turn, AZEK said that the acquisition of Return Polymers allows AZEK to further strengthen its commitment to sustainability in manufacturing by bringing PVC recycling in-house and increasing the recycled material content across multiple product lines.
“This is an opportune moment for both Return Polymers and AZEK,” said David Foell, president of Return Polymers. “Over the course of our business together, The AZEK Company has proven itself as an industry-leader in quality, sustainability, and safety – which are precisely our core tenets at Return Polymers. We are excited to join the AZEK family and help contribute to its sustainability mission, while continuing to support our existing customers and partners.”Return Polymers employs a team of approximately 80 people who will become a part of the AZEK portfolio of brands and continue to operate under the company’s reputable name. Foell and the existing management team will continue managing day-to-day operations, according to AZEK.
“This is now our third acquisition over the last three years,” said Singh. “As a company, AZEK will continue to identify and strategically invest in products and efficiencies that align with our values and strengthen our growing portfolio.”
Terms of the transaction were not disclosed.