AERT files year-end report.Advanced Environmental Recycling Technologies Recycling technology Methods for reducing solid waste by reusing discarded materials to make new products. The three integral phases of recycling are the collection of recyclable materials, manufacture or reprocessing of these materials into new products, and Inc., Springdale, Ark., has announced financial results for the year ended Dec. 31, 2003. Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight were $43.5 million compared to $41.4 million in 2002--an increase of 5.1 percent. Net loss before extraordinary item for 2003 was $942,000 compared to net income of $915,000 for 2002. "The company has experienced significantly higher petrochemical-related raw material costs this year as compared to prior periods," AERT AERT Advanced Environmental Recycling Technologies, Inc AERT Animal Emergency Response Team Chairman Joe Brooks says. "Our company's previous inability to recycle the majority of our scrap plastics in-house hurt margins and reduced profits significantly this past year. AERT has initiated a program designed to significantly increase in-house plastic recycling Plastic recycling is the process of recovering scrap or waste plastics and reprocessing the material into useful products, sometimes completely different from their original state. capacity at our Springdale, Ark.; Lowell, Ark.; and Alexandria, La., facilities, in order to reduce raw material costs during 2004." Brooks also says that AERT's Junction, Texas Junction is a city in Kimble County, Texas (USA). The population was 2,618 at the 2000 census. It is the county seat of Kimble CountyGR6. Geography Junction is located at (30.489772, -99. , facility is currently undergoing rebuilding and adding composite production, which should be operational by June. |
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