Sonoco Recycling Acquires American Recycling of Western North Carolina - Papermart
Papermart
News updates

Sonoco Recycling Acquires American Recycling of Western North Carolina

The global provider of consumer, industrial, healthcare and protective packaging has acquired American Recycling of Western North Carolina which processes around 30,000 TPA of recovered fiber.

January 11, 2022

dreamstime2133328 paperwast

Sonoco Recycling, a unit of Sonoco, has announced its acquisition of American Recycling of Western North Carolina, a privately-owned paper recycler in Asheville, North Carolina.

American Recycling of Western North Carolina processes approximately 30,000 TPA of recovered fiber. The company is expecting to generate approximately USD 9 million in sales in 2021 and it is strategically located approximately 65 miles from Sonoco’s Newport, Tennessee, uncoated recycled paperboard mill, according to the news release on the acquisition by Sonoco.

Watch: Paper Mart News Roundup

Palace Stepps, Division Vice President and General Manager, Sonoco Recycling, says, “This acquisition provides Sonoco’s mill operations with a stable, lower-cost supply of recovered fiber with the opportunity to grow volumes in the region.”

Also Read: Italy Achieves EU Paper Recycling Target 15 Years Early

Sonoco Recycling collects approximately 2.8 million TPA of old corrugated containers (OCC), mixed paper, metals, and plastics through its five material recovery facilities and 20 recycling centers annually.