Vinyl Institute Announces Recipients of VIABILITY Recycling Grant Funding
WASHINGTON, Feb. 2, 2024 /PRNewswire-PRWeb/ -- The Vinyl Institute (VI), a U.S. trade association representing the leading manufacturers of vinyl, today announced its third round of funding to four organizations totaling nearly $740,000 through its VIABILITY™ recycling grant program. This brings the total dollar amount committed thus far to nearly $1.67 million – all thanks to generous contributions from four PVC resin producers (Formosa, Oxy, Shintech, and Westlake). The third round of VIABILITY recycling grant recipients includes Oligomaster, Exeon Processors LLC, PolyJoule, and Allied Industries.
- WASHINGTON, Feb. 2, 2024 /PRNewswire-PRWeb/ -- The Vinyl Institute (VI), a U.S. trade association representing the leading manufacturers of vinyl, today announced its third round of funding to four organizations totaling nearly $740,000 through its VIABILITY™ recycling grant program.
- The third round of VIABILITY recycling grant recipients includes Oligomaster, Exeon Processors LLC, PolyJoule, and Allied Industries.
- VIABILITY grants support the purchase of equipment, advanced recycling, research and development, educational programs, and program management for long-lasting and sustainable recycling of PVC products.
- The vinyl industry's goal is to accelerate post-consumer vinyl recycling to 160 million pounds by 2025.