The AZEK® Company Acquires Northwest Polymers, Expanding Recycling Capabilities in Pacific Northwest
February 18 2025 - 6:30AM
Business Wire
The 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 and Railing, Versatex® and AZEK Trim®, and
StruXure® pergolas, today announced the recent acquisition of
Northwest Polymers, an industry leader in post-industrial and
post-commercial plastic recycling based in Molalla and Aurora,
Oregon. The acquisition expands AZEK’s capacity to source and
process recycled materials to support its long-term growth strategy
and margin expansion objectives.
“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 Boise manufacturing facility, this
acquisition will help us strengthen our material supply chain in
the western United States, improve cost efficiencies, and enhance
our ability to meet the growing demand for beautiful,
low-maintenance and sustainable outdoor living solutions.”
This acquisition will also support the expansion of AZEK’s
FULL-CIRCLE PVC Recycling® program in the western United States – a
program designed to collect and recycle post-construction PVC
scrap, ensuring it is repurposed into high-performance, sustainable
building products across the AZEK portfolio, further reducing
landfill waste.
As a leader in sustainable product innovation and the largest
vertically integrated recycler of PVC in the United States, AZEK
remains dedicated to accelerating the use of recycled waste and
scrap materials used to manufacture its premium outdoor living
solutions.
“The acquisition of Northwest Polymers, combined with our
recently announced advanced recycling acquisition in Indiana,
positions AZEK for the next phase of our recycling journey,
expanding our geographic reach and ensuring a consistent and
cost-efficient supply chain,” concluded Singh.
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 85% recycled
material and primarily replace wood on the outside of homes,
providing a long-lasting, eco-friendly, and stylish solution to
consumers. Leveraging the talents of its approximately 2,000
employees and the strength of relationships across its value chain,
The AZEK Company is committed to accelerating the use of recycled
material in the manufacturing of its innovative products, keeping
hundreds of millions of pounds of waste and scrap out of landfills
each year, and revolutionizing the industry to create a more
sustainable future. The AZEK Company has recently been named one of
America’s Most Responsible Companies by Newsweek, a Top Workplace
by the Chicago Tribune and U.S. News and World Report, one of
TIME’s World’s Best Companies in Sustainable Growth for 2025, and
celebrated in Fast Company’s 2024 Brands That Matter list, where
TimberTech was highlighted as a benchmark brand. Headquartered in
Chicago, Illinois, the company operates manufacturing and recycling
facilities in Ohio, Pennsylvania, Idaho, Georgia, Nevada, New
Jersey, Michigan, Minnesota and Texas.
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version on businesswire.com: https://www.businesswire.com/news/home/20250218029103/en/
Investor Relations Contact: Eric Robinson 312-809-1093
ir@azekco.com
Media Contact: Amanda Cimaglia Media Relations
312-809-1093 media@azekco.com
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