Business
Circular Fashion Meets Sustainable Building Products: The AZEK® Company and thredUP Announce Plastic Recycling Partnership
AZEK to collect thredUP’s post-consumer plastic Clean Out Bags, process and turn them into new long-lived TimberTech® composite decking, advancing both
About this update from Thredup Inc.
[{"type":"text","content":"\nAZEK to collect thredUP’s post-consumer plastic Clean Out Bags, process and turn them into new long-lived TimberTech® composite decking, advancing both companies’ ESG and recycling goals\n\n CHICAGO & OAKLAND, Calif.--(BUSINESS WIRE)--\nThe AZEK Company Inc. (NYSE: AZEK) (\"AZEK\" or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking, Versatex® and AZEK® Trim, and StruXure™ pergolas, and thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, are proud to announce a new recycling partnership to responsibly transform plastic waste into long-lasting, low-maintenance outdoor living products.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221206005026/en/The AZEK Company and thredUP announce a new plastic recycling partnership transforming thredUP’s Clean Out Kit plastic film into new TimberTech® by AZEK Composite Decking (Photo: Business Wire)\nThrough this recycling partnership, AZEK will collect thredUP’s polyethylene plastic Clean Out Bags after the contents have been processed by thredUP, as well as thredUP’s post-industrial plastic film waste, and transport them to AZEK’s vertically integrated polyethylene recycling facility in Wilmington, Ohio. The materials will be processed and incorporated into new TimberTech decking, AZEK’s premium composite decking line that offers the natural beauty of wood, is made from approximately 85% recycled material and engineered to last a lifetime.\n\n“It is unique collaborations with innovative and like-minded companies such as thredUP that will help us meet our goal of recycling one billion pounds of material annually by the end of 2026,” said Jesse Singh, CEO of The AZEK Company. “We are two companies revolutionizing two industries – fashion and building products – to create a more sustainable future, each of us with a full circle commitment to have an outsized impact on the world, while growing a sustainable business.”\n\nSince 2019, AZEK has recycled nearly 1.7 billion pounds of post-consumer and post-industrial waste and scrap material, repurposing it into products across its outdoor living and building products portfolio. In addition to its poly...