Neil Gloger, CEO of InterGroup International has been in the plastic recycling industry since 2002. His company InterGroup Internation has made the Inc. 500 list of Americas Fastest growing companies three times. InterGroup has been recognized by the Sustainable Packaging Coalition, Recycling Today, and Waste 360 as one of Americas largest post-industrial recyclers. InterGroup’s “Landfill free in three” program has helped countless manufacturers bring their facilities to a landfill free status. Mr. Gloger recently spoke at the Plastic Recycling Europe show in Rotterdam and has been featured in Inc. Magazine, Crains, Plastic News and CBS Evening news. He will share how InterGroup navigated through five customer bankruptcies over the last year and came out healthier than ever.
Since the oil crash of 2015, the industry has been rocked by bankruptcy after bankruptcy. The institute of scrap recycling industries estimates that more than 40% of the recyclers in business in 2014 are now out of business. This session will deal with operational strategies…..developing a sensible backup plan, as well as financial strategies…. what to do when your recycler or customer owes you lots of $$ and declares bankruptcy. In this topsy-turvy market, no one is immune to the market volatility. Why are so many recyclers going bankrupt. How to avoid the financial and operational pitfals and what to do if your recycler or customer goes belly up.