Paxxal is bullish on the future of plastic pallets in general, and especially, its new plastic pallet launched at ProMat 2017. “There are four big reasons why people move to plastic pallets,” said Ben Stoller, Executive Managing Director of Paxxal Inc. In a nutshell, these trends include legislative compliance and food safety risk mitigation, material handling automation, cost reduction initiatives, and more competitive plastic pallet pricing.
While the first three trends are supported by several plastic pallets in the market, Stoller believes their new Paxxal plastic pallet is ready to deliver regarding extremely competitive pricing that is converging on the cost of a comparable wood block pallet. He noted that HDPE in plastic pallets runs around 60 cents per pound. “What we do is take out about 30% of the HDPE cost by utilizing our proprietary earth aggregate material,” he said, “which is $50 per ton. He stressed that $50 stretched over 2,000 pounds is “a serious competitive advantage to 60 cents per pound.”