SOURCE: Vikoz Enterprises Inc.

August 27, 2014 11:16 ET

Vikoz Enterprises Closes Major Deal for Plastic Powder, Pellets and Scrap

SANDY, UT--(Marketwired - Aug 27, 2014) - Vikoz Enterprises, the Sandy, Utah plastic recycling company, announced today that the company has reached a long-term deal with a major U.S. and Canadian manufacturer of plastic powder, pellets and plastic scrap.

Complete details on the Vikoz deal were not available due to contractual stipulations but a spokesperson for Vikoz noted that the contracts run for one year starting July 1, 2014 and are subject to a 2 year renewal if all goes as expected. Vikoz's partner in this deal maintains plants in both the U.S. and Western Canada and the agreement between them is said to involve approximately 3 - 4 million pounds of mostly LLDPE and HDPE resin, for which Vikoz has deals pending with long time buyers.

When asked to comment on the contract a Vikoz spokesperson said, "This agreement fits perfectly into our long term goal to provide feedstock to our customer base." Vikoz expects to start receiving loads of plastic feedstock under the terms of the agreement starting in the next couple of weeks from plants in Canada and Houston, Texas. 

Vikoz Enterprises has been in the plastics recycling business for 18 years. The company recycles all grades of plastic and they purchase raw plastic scrap in any form, regrind or resin. Vikoz specializes in post-commercial and post-industrial accounts and offer grinding services, used plastic pallets, bins, totes, and boxes.

About Vikoz Enterprises and Vikoz Enterprises is a full-service plastics recycling company. Located in Sandy, Utah, the company has been operating for more than 18 years and has now become one of the largest plastic recycling companies in North America. Vikoz offers a variety of services that make it convenient and beneficial for their clients to incorporate plastic recycling into their daily operations. Vikoz also provides boxes and collapsible bins for collecting plastic scrap.

To learn more about Vikoz Enterprises visit their website or call them at 801-673-3719.

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