is North America’s largest distributor of PET resin (polyethylene terephthalate), and the leading processor and manufacturer of recycled PET scrap. It has built a behemoth global and domestic trading business, with a competitive and robust portfolio.
As sustainable as it is, the PET business is not without its challenges. First, it’s a low-margin industry that must extend a significant amount of trade credit to increase revenue. Second, PET is used to produce products across various industries – from bottles to fiber to strapping – which means PolyQuest’s customers are just as diverse. Some are reliable industry leaders, while others are smaller and hold more risk.