Axion International has won a $15 million contract to make railroad ties made from recycled plastic, the company announced yesterday (February 2).
The railroad ties will specifically be made of Recycled Structural Composite (RSC), the signature recycled plastic composite developed by Axion in conjunction with Rutgers University. RSC is a thermoplastic composite produced from 100 percent recycled consumer plastics (such as milk jugs and laundry detergent bottles) and industrial plastic waste.
Axion’s deal to provide replacement railroad ties over the next three years is with an unnamed company purported to be “one of the largest railroads in North America,” according to a recent SEC filing by the company.
The full story appears at CNet.com.
