A&R to develop plastic resins facility

A&R Logistics has signed a collaboration agreement with Union Pacific to co-develop an export supply chain solution for the US plastic resin industry.

A&R Logistics

The project will be aimed at establishing a transport and plastics packaging facility near UP’s Dallas Intermodal Terminal to handle the expected increase in export plastic resins.

Commenting on the agreement, CEO Mark R Holden stated: “Approximately US$50 billion is expected to be invested in the US over the next 10 years by the plastics industry to expand production. Thanks to growth in domestic shale gas production, the US plastics industry is benefiting from feedstock derived largely from natural gas. As a result, the export of plastic resins is expected to surge over the next decade. Net exports are expected to more than triple, growing from $6.5 billion in 2014 to $21.5 billion by 2030.”

Holden added: “A&R looks to develop a state of the art packaging facility and transport related product to provide what we believe will be the most flexible and efficient supply chain for the export of plastic resins in the US.”