USPL - U.S. Plastic Lumber (USPL)

[jmhollen]

US Plastic Lumber Corp. Joins with Solutia, Inc. in ``Partners for Renewal'' Program

BOCA RATON, Fla., Nov 19, 2003 (BUSINESS WIRE) -- US Plastic Lumber Corp. (OTCBB:USPL) today announced that it has joined up with the contract carpet market, Solutia Inc. (NYSE:SOI) in Solutia's "Partners for Renewal" program.

US Plastic Lumber has signed a letter of intent to test and incorporate post consumer carpet as a key ingredient for use in its DuraTie(R) composite railroad crossties, Trimax(R) dimensional lumber, and marine timbers. "We are very excited to work with Solutia on this new initiative. Their unique partnering approach to solve landfill diversion challenges is a winning business model and just makes good sense from an environmental perspective. In addition, our results show the use of post consumer carpet feedstock will provide a major advantage in terms of product performance and costs," said Mark Alsentzer, Chairman, CEO and President of US Plastic Lumber.

Partners for Renewal is a unique initiative designed to facilitate the recovery and reuse the valuable natural resources embodied in post consumer carpet. "Our strategy is to promote collaboration and encourage an entrepreneurial spirit in order to accomplish our key objectives," stated Dr. Robert Peoples, Ph.D, Director of Carpet Sustainability & Business Development, Solutia, Inc. "Our primary objective is to find new ways to divert carpet from the landfill via new process and product technology. These waste streams are becoming valuable raw materials. It's a way of reusing the oil originally consumed to create these products. Now we can close the loop. We are able to facilitate the efforts of entrepreneurs committed to the sustainability by lending the credibility and resources of Solutia. The use of post consumer carpet in composite crossties will be a win-win for the railroads, US Plastic Lumber, the carpet industry, and the environment. -- a grand slam if you will."

Mr. Alsentzer concluded, "US Plastic Lumber is excited to be working with Solutia. Solutia's objective is to deliver real solutions to the challenge of carpet landfill diversion. US Plastic Lumber's objective is to continue to improve the environment in which we live while providing durable products for the marketplace at competitive prices."

About US Plastic Lumber Corp.

US Plastic Lumber Corp., http://www.usplasticlumber.com, is engaged in the manufacture of plastic lumber, returnable packaging and other value added products from recycled plastic. US Plastic Lumber is the nation's largest producer of 100% HDPE recycled plastic lumber. Headquartered in Boca Raton, Florida, USPL is a highly integrated, nationwide processor of a wide range of products made from recycled plastic feedstocks. USPL creates high quality, competitive building materials, furnishings, and industrial supplies by processing plastic waste streams into purified, consistent products. USPL's products are environmentally responsible and are both aesthetically pleasing and maintenance friendly. They include such brand names as Carefree Xteriors(R), Recycle Design(TM), Trimax(R), Earth Care(TM), and OEM products including Cyclewood(R) and DuraTie(R). USPL currently operates three plastic manufacturing centers.

About Solutia Inc.

Solutia Inc., http://www.solutia.com, uses world-class skills in applied chemistry to create value-added solutions for customers, whose products improve the lives of consumers every day. Solutia is a world leader in performance films for laminated safety glass and after-market applications; process development and scale-up services for pharmaceutical fine chemicals; specialties such as water treatment chemicals, heat transfer fluids and aviation hydraulic fluid and an integrated family of nylon products including high-performance polymers and fibers.

Solutia .... Solutions For A Better Life.

Certain statements and information included in this press release constitute ``forward-looking statements'' within the meaning of the Federal Private Securities Litigation Reform Act of 1995. When used in this press release, the words or phrases "will likely result", "are expected to", "will continue", "is anticipated", "estimate", "projected", "intends to" or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to risks associated with the Company's credit facilities and liquidity, the ability to obtain adequate financing on commercially acceptable terms, economic conditions, demand for products and services of the Company, newly developing technologies, the Company's ability to compete, regulatory matters, protection of the Company's proprietary technology, the effects of competition from entities with greater financial resources than that possessed by the Company and shareholder dilution. Such factors could materially adversely affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed within this press release. Additional discussion of such factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is contained in the Company's SEC filings.

SOURCE: US Plastic Lumber Corp.

US Plastic Lumber Corp., Boca Raton
Mark S. Alsentzer or Michael D. Schmidt, 561/394-3511
or
KCSA Worldwide, New York
Evan Smith or Erica Pettit
212/896-1251 or 212/896-1248