The AZEK® Company Acquires Northwest Polymers, Expanding Recycling Capabilities in Pacific Northwest
The AZEK Company (NYSE: AZEK) has acquired Northwest Polymers, a leading post-industrial and post-commercial plastic recycling company based in Molalla and Aurora, Oregon. This strategic acquisition strengthens AZEK's recycled materials sourcing and processing capabilities to support long-term growth and margin expansion goals.
The acquisition, located near AZEK's Boise manufacturing facility, will enhance the company's material supply chain in the western United States, improve cost efficiencies, and support the expansion of AZEK's FULL-CIRCLE PVC Recycling® program. As the largest vertically integrated PVC recycler in the United States, this move, combined with their recently announced advanced recycling acquisition in Indiana, positions AZEK for the next phase of their recycling journey.
AZEK Company (NYSE: AZEK) ha acquisito Northwest Polymers, un'azienda leader nel riciclo di plastica post-industriale e post-commerciale con sede a Molalla e Aurora, Oregon. Questa acquisizione strategica rafforza le capacità di approvvigionamento e lavorazione di materiali riciclati di AZEK per supportare la crescita a lungo termine e gli obiettivi di espansione dei margini.
L'acquisizione, situata vicino allo stabilimento di produzione di AZEK a Boise, migliorerà la catena di approvvigionamento di materiali dell'azienda negli Stati Uniti occidentali, aumenterà l'efficienza dei costi e supporterà l'espansione del programma FULL-CIRCLE PVC Recycling® di AZEK. Essendo il più grande riciclatore di PVC integrato verticalmente negli Stati Uniti, questa mossa, insieme alla recente acquisizione di tecnologia di riciclo avanzato in Indiana, posiziona AZEK per la prossima fase del loro percorso di riciclo.
AZEK Company (NYSE: AZEK) ha adquirido Northwest Polymers, una empresa líder en el reciclaje de plásticos post-industriales y post-comerciales con sede en Molalla y Aurora, Oregón. Esta adquisición estratégica refuerza las capacidades de aprovisionamiento y procesamiento de materiales reciclados de AZEK para apoyar el crecimiento a largo plazo y los objetivos de expansión de márgenes.
La adquisición, ubicada cerca de la instalación de fabricación de AZEK en Boise, mejorará la cadena de suministro de materiales de la empresa en el oeste de los Estados Unidos, mejorará la eficiencia de costos y apoyará la expansión del programa FULL-CIRCLE PVC Recycling® de AZEK. Como el mayor reciclador de PVC integrado verticalmente en los Estados Unidos, este movimiento, combinado con su reciente adquisición de tecnología de reciclaje avanzado en Indiana, posiciona a AZEK para la próxima fase de su viaje de reciclaje.
AZEK Company (NYSE: AZEK)는 오리건주 몰랄라와 오로라에 본사를 둔 산업 후 및 상업 후 플라스틱 재활용 회사인 Northwest Polymers를 인수했습니다. 이 전략적 인수는 AZEK의 재활용 소재 조달 및 가공 능력을 강화하여 장기적인 성장 및 마진 확대 목표를 지원합니다.
AZEK의 보이시 제조 시설 근처에 위치한 이 인수는 미국 서부에서 회사의 소재 공급망을 개선하고 비용 효율성을 높이며 AZEK의 FULL-CIRCLE PVC Recycling® 프로그램의 확장을 지원합니다. 미국에서 가장 큰 수직 통합 PVC 재활용업체인 AZEK는 최근 인디애나에서 발표한 고급 재활용 기술 인수와 함께 이 움직임이 재활용 여정의 다음 단계로 나아가는 데 기여할 것입니다.
AZEK Company (NYSE: AZEK) a acquis Northwest Polymers, une entreprise leader dans le recyclage des plastiques post-industriels et post-commerciaux, basée à Molalla et Aurora, dans l'Oregon. Cette acquisition stratégique renforce les capacités d'approvisionnement et de traitement des matériaux recyclés d'AZEK pour soutenir les objectifs de croissance à long terme et d'expansion des marges.
L'acquisition, située près de l'usine de fabrication d'AZEK à Boise, améliorera la chaîne d'approvisionnement en matériaux de l'entreprise dans l'ouest des États-Unis, améliorera l'efficacité des coûts et soutiendra l'expansion du programme FULL-CIRCLE PVC Recycling® d'AZEK. En tant que plus grand recycleur de PVC intégré verticalement aux États-Unis, ce mouvement, associé à leur récente acquisition de technologie de recyclage avancé dans l'Indiana, positionne AZEK pour la prochaine étape de son parcours de recyclage.
AZEK Company (NYSE: AZEK) hat Northwest Polymers übernommen, ein führendes Unternehmen für das Recycling von post-industriellen und post-kommerziellen Kunststoffen mit Sitz in Molalla und Aurora, Oregon. Diese strategische Übernahme stärkt die Beschaffungs- und Verarbeitungskapazitäten von AZEK im Bereich recycelter Materialien, um langfristiges Wachstum und Margensteigerungsziele zu unterstützen.
Die Übernahme, die sich in der Nähe des Produktionsstandorts von AZEK in Boise befindet, wird die Materialversorgungskette des Unternehmens im Westen der Vereinigten Staaten verbessern, die Kosteneffizienz steigern und die Erweiterung des FULL-CIRCLE PVC Recycling®-Programms von AZEK unterstützen. Als größter vertikal integrierter PVC-Recycler in den Vereinigten Staaten positioniert dieser Schritt AZEK zusammen mit der kürzlich angekündigten Übernahme einer fortschrittlichen Recyclingtechnologie in Indiana für die nächste Phase ihrer Recyclingreise.
- Strategic acquisition near Boise facility enhances western US supply chain efficiency
- Expansion of recycling capabilities supports margin expansion objectives
- Strengthens FULL-CIRCLE PVC Recycling program in western United States
- Improves cost efficiencies in material sourcing and processing
- None.
Insights
This strategic acquisition of Northwest Polymers marks a significant expansion of AZEK's vertical integration capabilities in the Pacific Northwest, presenting multiple value-creation opportunities. The deal's proximity to AZEK's Boise manufacturing facility creates an efficient logistics network that should drive meaningful cost reductions in transportation and handling of recycled materials.
The strategic value extends beyond mere cost savings. By securing a reliable source of high-quality recycled materials, AZEK strengthens its competitive moat in several ways:
- Enhanced supply chain resilience through geographic diversification of recycling operations
- Improved margin potential through reduced raw material and transportation costs
- Strengthened market position in the western United States
- Accelerated expansion of their FULL-CIRCLE PVC Recycling® program
This acquisition, combined with their recently announced Indiana recycling facility, positions AZEK to optimize their raw material costs across both coasts. The vertical integration strategy is particularly timely given increasing focus on sustainable building products and rising raw material costs. By controlling more of their supply chain, AZEK can better manage input costs while maintaining product quality and sustainability credentials.
The transaction aligns perfectly with AZEK's long-term margin expansion objectives. Vertical integration in recycling typically yields higher margins compared to purchasing recycled materials from third parties, as it eliminates middleman costs and provides better control over material quality and processing. This should contribute to AZEK's profitability as they scale their operations in the western market.
“Northwest Polymers has built a strong reputation for sourcing, processing, and supplying high-quality recycled plastic materials to various industries, and we are excited to welcome them into the AZEK family,” said Jesse Singh, CEO of The AZEK Company. “Located in close proximity to our
This acquisition will also support the expansion of AZEK’s FULL-CIRCLE PVC Recycling® program in the western
As a leader in sustainable product innovation and the largest vertically integrated recycler of PVC in
“The acquisition of Northwest Polymers, combined with our recently announced advanced recycling acquisition in
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release contains or refers to certain forward-looking statements within the meaning of the federal securities laws and subject to the "safe harbor" protections thereunder. Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements may be identified by the words “believe,” “hope,” "expect," "intend," "will," "target," “anticipate,” "goal" and similar expressions. Our forward-looking statements include, without limitation, statements with respect to our ability to meet the future targets and goals we establish, including our financial, operational and sustainability-related goals, and the ultimate impact of our actions on our business as well as the expected benefits to the environment, our employees, the communities in which we do business or otherwise. The Company bases its forward-looking statements on information available to it on the date of this release, and undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of changed circumstances, new information, future events or otherwise, except as may otherwise be required by law. Actual future events could also differ materially due to numerous factors that involve substantial known and unknown risks and uncertainties including, among other things, the risks and uncertainties set forth under "Risk Factors" and elsewhere in the Company's reports on Form 10-K, as amended, and Form 10-Q and the other risks and uncertainties discussed in any subsequent reports that the Company files with the Securities and Exchange Commission from time to time. Although we have attempted to identify those material factors that could cause actual results or events to differ from those described in such forward-looking statements, there may be other factors that could cause actual results or events to differ from those anticipated, estimated or intended. Given these uncertainties, investors are cautioned not to place undue reliance on our forward-looking statements.
About The AZEK® Company
The AZEK Company Inc. (NYSE: AZEK) is the industry-leading designer and manufacturer of beautiful, low maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim, and StruXure® pergolas. Consistently awarded and recognized as the market leader in innovation, quality, aesthetics and sustainability, our products are made from up to
View source version on businesswire.com: https://www.businesswire.com/news/home/20250218029103/en/
Investor Relations Contact:
Eric
312-809-1093
ir@azekco.com
Media Contact:
Amanda Cimaglia
Media Relations
312-809-1093
media@azekco.com
Source: The AZEK Company Inc.
FAQ
What is the strategic importance of AZEK's Northwest Polymers acquisition?
How will the Northwest Polymers acquisition affect AZEK's recycling capabilities?
What are the expected financial benefits of AZEK's Northwest Polymers acquisition?