Friday, February 6, 2009

ROUND2 Buys Plastics Recycler

Austin-based ROUND2, a provider of electronics recycling services for corporate and municipal clients, has made another acquisition, saying Thursday that it has acquired PolymerCycle LLC, a national processor and reseller of plastics. Financial terms of the buy were not disclosed. According to ROUND2, PolymerCycle will become become part of the firm, and operate from its facility in the Dallas/Fort Worth Metroplex. PolymerCycle provides plastics byproducts recycling, which takes plastics from computer monitors, printers, and consumer electronics and sorts them and granulates them for reuse in new products. The acquisition is the second for ROUND2 this year, which acquired CRT recycler Monitex in early January.