Our Approach to Carpet Care
Circular Polymers is the catalyst for the transformation of carpet waste back into a raw material. Our disruptive technology transforms post consumer discarded carpet into new polymer raw materials for many industries: Beverage & Packaging via chemical recycling, Housing, Cold Chain Management. We believe our most important assets are our people.
In a major advance for the recycling industry and the circular economy, recycling industry veterans David Bender and Nick Fiore joined forces with financial executives Jeff Kupets and Mark Babich to form Circular Polymers to supply the chemical recycling industry with consistent, high quality feedstock made from post-consumer carpet and other plastic destined for landfill. Circular Polymers’ newly expanded facility in Lincoln, California will process some 30 million pounds of carpet per year, with plans to expand further.
Meet Our Team
Chief Executive Officer
David has a deep knowledge and passion for recycling. He has owned, operated or advised four separate reclamation companies. He was the founder and Chief Executive Officer of Perpetual Recycling Solutions, the leading U.S. provider of food grade recycled PET flake in Richmond, IN. He owned and was chief executive of Pure Tech Plastics in Farmingdale, NY. He advised on the start-up of Geo-Tech Polymers in Waverly, OH. Most recently, David consulted, then helped manage a distressed reclaimer, Plastic Reclamation Partners, in Chicago, IL.
Prior to recycling, David was CEO of HAVI Global Solutions, a $5 billion organization comprised of three divisions focused on packaging, supply chain management and marketing execution. David was also CEO of The Marketing Store, a $600 million global marketing, promotion and advertising company.
David is a Graduate of Northwestern University.
Nick has been an active member of the carpet industry since 1997. He developed and evolved many carpet recycling technologies to find the best practices. As an entrepreneur and financier, Nick has owned and operated 5 carpet recycling facilities. Prior to carpet recycling, Nick owned and operated 2pl logistics companies. Nick leads the organization in our mission to revolutionize the post-consumer carpet recycling industry. Nick is an active member of the Carpet America Recovery Effort (CARE).
Chief Financial Officer
Mr. Kupets spent 29 years in the financial sector. For 8 years prior to co-founding Circular Polymers, Jeff was Managing Partner of Mustang Trading, an index options trading firm in Chicago, IL. His leadership of the company included risk management, model evaluation and implementation, and regulatory compliance.
Previously, Jeff co-founded Bock Trading, an index options trading firm at the Chicago Board Options Exchange and the Chicago Mercantile Exchange. He began his career at Cooper, Neff and Associates in Philadelphia, PA and Chicago, IL.
Jeff is a graduate of The Wharton School at the University of Pennsylvania.
Mr. Babich has been engaged in the practice of law for a period in excess of 34 years, with a concentration in business startups, closely held companies, securities and income tax.
Mark has actively managed all back office, regulatory and financial matters for numerous and varied brokerage and securities companies having expanded ongoing operations to multiple European locations.
Mark is a dual graduate of the University of Illinois having graduated from both the College of Business and the College of Law.
Broadview Group: Engineering and Technology
Broadview Group is an engineering and technology company with 15 years experience developing new recycling technologies. They have more than 20 patents in the reclamation space, including carpeting. Principals have more than 125 years experience in designing, operating and managing programs in recycling, petrochemical, and refining industries.
President, BS Mechanical Eng., 35 years experience in project management, engineering, construction, business/process development.
Dr. Stephen Paspek
VP Research, PhD Chemical Eng., 30 years experience chemical manufacturing processes, conceptual design through commercial operations.
VP Operations, BS Chemical Eng., MBA, 30 years experience petrochemical operations, start-up/commissioning and system design.
VP Finance/Administration, BS Mechanical Eng., MBA, 35 years experience in production management, manufacturing design, project management.