In a world increasingly focused on sustainability, Trex Company
[NYSE:TREX] is committed to doing its part to tackle America’s
growing plastic waste problem. Through the NexTrex® Grassroots
Movement
, Trex works together with eco-minded
businesses, municipalities, educational institutions and other
organizations across the country to responsibly dispose of
polyethylene (PE) plastic waste and give it new life as beautiful,
durable and environmentally friendly Trex® composite decking. Since
launching in August of 2022, this collaborative recycling
initiative has experienced tremendous growth with an impressive
227% increase in participation.
“The growth we’ve seen over the past two years is a testament to
the effectiveness and ease of the program and the commitment of our
dedicated recycling partners,” said Stephanie Hicks, materials and
recycling programs manager for Trex Company. “Our Grassroots
Movement has made it easier than ever for communities and
organizations to participate in recycling, helping to divert
significant amounts of plastic waste from landfills by repurposing
it into sustainable composite decking.”
NexTrex® is a nationwide material sourcing initiative for Trex,
the world’s largest manufacturer of wood-alternative decking and
railing, and a leading brand of outdoor living products. The
company manufactures its world-famous composite decking from
primarily recycled and reclaimed content, including a mix of
industrial wood scrap and polyethylene (PE) plastic film, nearly
all of which comes from post-consumer sources.
Bridging Trex’s award-winning community-based Recycling
Challenge and large-scale Commercial Recycling Partnerships, the
Grassroots Movement extends the benefits of Trex recycling to
organizations that may not meet the volume criteria for the
commercial program. Organizations approved for participation serve
as drop-off locations where local community members can recycle PE
plastic film materials that qualify to be recycled by Trex. These
include everyday items such as grocery/retail bags, produce bags,
sandwich bags, case overwrap from paper towels and toilet paper,
newspaper sleeves, dry cleaner bags, bubble wrap and flexible
shipping pouches. Partners can also recycle shrink wrap, pallet
wrap, and other flexible plastic materials used in their
operations. A full list of qualifying materials can be found at
www.NexTrex.com.
“Because plastic film cannot be recycled in curbside bins with
other recyclable materials, such as paper, cardboard and glass, the
NexTrex program offers a simple way for consumers and organizations
to responsibly dispose of plastic film waste,” explained Hicks.
The program’s ease of implementation is one of its key
strengths. Participating organizations are equipped with all the
necessary tools and support to effectively manage the collection
and baling of plastic film. Once 20-40 bales are accumulated
(20,000-40,000 pounds of plastic film), Trex picks up and
transports the material to its manufacturing facilities in Virginia
or Nevada, where it is used to produce high-performance,
low-maintenance Trex composite decking. Trex then compensates
partners for the baled recyclable films making participation a
viable source of ongoing funding for business operations or
community initiatives.
Since the inception of the Grassroots Movement in 2022, it has
grown to over 70 drop-off locations throughout the U.S., including
a wide range of businesses, municipalities, colleges/universities
and non-profit organizations. Together, these Grassroots partners
have recovered more than 3 million pounds PE plastic waste from
their communities.
One notable success story is the City of Flagler Beach, Florida,
where Sanitation Supervisor Rob Smith has leveraged the NexTrex
program to address the town’s challenges with plastic film
recycling.
“Before partnering with Trex, we had absolutely no control over
whether our discarded flexible plastics were truly being recycled,”
said Smith. “Now, we not only know exactly where these materials
are going, but we are also able to create revenue from our
trash.”
“Municipalities and non-profit organizations are ideal partners
for our Grassroots Movement,” noted Hicks. “Like Trex, they are
committed to bettering their communities and the world at large.
Colleges and universities also are having great success with this
program by engaging staff, students and community members in
responsible recycling. It’s really inspiring to see the amount of
good that can be done when like-minded people come together to
preserve our planet.”
One of the largest recyclers of PE plastic film in North
America, Trex upcycles more than 320 million pounds of recycled
plastic waste annually in its manufacturing process. Over the past
three decades, the company has diverted more than 5 billion pounds
of plastic bags and film from landfills and waterways.
For more information about the NexTrex Grassroots Movement,
visit NexTrex.com or contact recycle@trex.com. To learn more about
the portfolio of Trex outdoor living products, visit Trex.com.
About Trex CompanyFor more than 30 years, Trex
Company [NYSE: TREX] has invented, reinvented and defined the
composite decking category. Today, the company is the world’s #1
brand of sustainably made, wood-alternative decking and deck
railing, and a leader in high performance, low-maintenance outdoor
living products. The undisputed global leader, Trex boasts the
industry’s strongest distribution network with products sold
through more than 6,700 retail outlets across six continents.
Through strategic licensing agreements, the company offers a
comprehensive outdoor living portfolio that includes deck drainage,
flashing tapes, LED lighting, outdoor kitchen components, pergolas,
spiral stairs, fencing, lattice, cornhole and outdoor furniture –
all marketed under the Trex® brand. Based in Winchester, Va., Trex
is proud to have been named America’s Most Trusted® Outdoor
Decking* 4 Years in a Row (2021-2024). The company was also
recently included on Barron’s list of the 100 Most Sustainable U.S.
Companies 2024, named one of America’s Most Responsible Companies
2024 by Newsweek and ranked as one of the 100 Best ESG Companies
for 2023 by Investor’s Business Daily. For more information, visit
Trex.com. You may also follow Trex on Facebook (trexcompany),
Instagram (trexcompany), X (Trex_Company), LinkedIn (trex-company),
TikTok (trexcompany), Pinterest (trexcompany) and Houzz
(trex-company-inc), or view product and demonstration videos on the
brand’s YouTube channel (TheTrexCo).
*Trex received the highest numerical score in the proprietary
Lifestory Research 2021-2024 America’s Most Trusted® Outdoor
Decking studies. Study results are based on experiences and
perceptions of people surveyed. Your experiences may vary. Visit
www.lifestoryresearch.com.
Contact: Abigail CoxL.C. Williams & Associates
312/565-3900acox@lcwa.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/fff57263-5d4d-467c-acef-d35f6677a899
Trex (NYSE:TREX)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Trex (NYSE:TREX)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024