ADS’s recycled plastic pipe manages and protects water and communities across North America
HILLIARD, OHIO (November 15, 2023) – In recognition of
America Recycles Day, Advanced Drainage Systems, Inc. (NYSE: WMS)
(“ADS” or the “Company”), a leading provider of
innovative water management solutions in the stormwater and onsite septic
wastewater industries,
recognizes the importance of sustainable and economically viable products to
capture, convey, store and treat water. As evidenced by a recent study from
the National Academies of Sciences, (NAS) titled
Recycled Plastics in Infrastructure: Current Practices, Understanding,
and
Opportunities,
the use of recycled plastics, which are utilized in ADS pipes, “has been
perfected and is economically viable.”
“ADS fully supports the findings of the study and is excited to hear
NAS, the leading and trusted source for science-based research, has validated
recycled plastic as a sustainable and
economical solution for water management,” said ADS President and CEO
Scott Barbour. “We believe implementing the report’s
recommendations and adopting policies promoting the use of recycled plastics
will make a significant impact on not only our most precious resource, water,
but also meaningfully contribute to the overall circular economy.”
ADS’s recycled plastic pipe provides several proven benefits:
-
Ideal outlet for
plastic waste: Plastic drainage pipe
industry is the largest user of non- food-grade post-consumer high-density
polyethylene (HDPE).
-
Waste stream
reduction: Single-use plastics are recycled into plastic
pipe, which has a 100-year service life.
-
Carbon-smart alternative
product for
drainage: Compared to traditional materials, plastic pipe
has a smaller carbon footprint.
-
Meets standards for
recycled HDPE
pipe: Meeting industry standards allow for quick adoption
into project specifications as evidenced by approval from the American
Association of State Highway and Transportation Officials (AASHTO) and the
American Society of Testing and Materials (ASTM) International.
Additionally, ADS products are designed to last for decades, significantly
extending the life of single-use plastics from its partners and creating a
sustainable solution for plastic waste. Using recycled plastic reduces the
carbon impact of ADS products by more than 70 percent.
ADS products manage the lifecycle of a raindrop, which has never been more
important given the increased frequency and magnitude of large-scale
stormwater events. These storms
significantly impact communities if there are not systems in place managing
water and have cost cities billions of dollars in addition to causing economic
disruption and environmental damage. The company’s products help
neighborhoods address problems associated with these disasters, keeping
residents safe from flooding and other problems linked to increased rainfall.
ADS supported NAS’s research and information gathering as part of this
report. To learn more about how ADS manages the world’s most precious
resource, water, through sustainable solutions, and to review the
report’s recommendations in more detail, please visit
adspipe.com/our-reason-is-water.
About Advanced Drainage
Systems
Advanced Drainage Systems is a leading manufacturer of innovative stormwater
and onsite septic wastewater solutions that manages the world’s most
precious resource: water. ADS and its subsidiary, Infiltrator Water
Technologies, provide superior stormwater drainage and onsite septic
wastewater products used in a wide variety of markets and applications
including commercial, residential, infrastructure and agriculture, while
delivering unparalleled customer
service. ADS manages the industry’s largest company-owned fleet, an
expansive sales team, and a vast manufacturing network of approximately 70
manufacturing plants and 40 distribution
centers. The company is one of the largest plastic recycling companies in
North America,
ensuring over half a billion pounds of plastic is kept out of landfills every
year. Founded in 1966, ADS’ water management solutions are designed to
last for decades. To learn more, visit the company’s website at
www.adspipe.com.
Investor Contact:
Michael Higgins
VP, Corporate Strategy & Investor Relations Advanced Drainage Systems,
Inc.
Phone: (614)-658-0050
Michael.Higgins@adspipe.com
Media Contact:
Brian King
EVP Product Management and Marketing Advanced Drainage Systems, Inc.
Phone: 614-404-8065
Brian.King@adspipe.com