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Vadxx Energy Begins Construction on Synthetic Oil Plant in Akron, Ohio

Vadxx Energy LLC is progressing with construction of a new synthetic oil plant that will be located in Akron, Ohio

Released Tuesday, December 02, 2014

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Researched by Industrial Info Resources (Sugar Land, Texas)--Vadxx Energy LLC (Cleveland, Ohio) is progressing with construction of a new synthetic oil plant that will be located in Akron, Ohio.

View Project Report - 300043282

Rockwell Automation (NYSE:ROK) (Twinsburg, Ohio) was awarded the engineering, procurement, construction and management contract from Vadxx, along with general contractor Geis Company (Streetsboro, Ohio), which is responsible for construction of the estimated $20 million plant.

The plant will take some 60 tons per day of scrap plastic to produce 300 barrels of petrochemical products used to make diesel fuel and lubricants. The plant is located on a five-acre site at East Waterloo Road and Kelly Avenue, where a 25,000-square-foot building has been constructed. The front end of the facility will include a 12,000-ton-per-year Materials Recovery Facility (MRF) to sort the plastic arriving from various recycling locations.

The project is expected to be completed early next year and in full operation soon after. The plant originally was to be built in Cleveland.

In the longer term, Vadxx plans to construct 100 additional units that will divert 4 billion pounds of waste, creating more than 2,000 jobs and overall production of 500 million gallons of synthetic oils.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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