PROCEDYNE CORP. v. MAINE RECYCLE EQUIP. CORP.


160 A.D.2d 982 (1990)

Procedyne Corp., Respondent, v. Maine Recycle Equipment Corp. et al., Defendants, and Pepsi Cola Bottling Company, Appellant

Appellate Division of the Supreme Court of the State of New York, Second Department.

April 30, 1990


Ordered that the order is affirmed, with costs.

The plaintiff Procedyne Corp. (hereinafter Procedyne) is a firm engaged in the business of manufacturing and installing equipment and facilities for recycling polyethylene terephthalate (hereinafter PET) plastic beverage bottles through a proprietary process (hereinafter PET Process). On December 14, 1984, the defendant Pepsi Cola Bottling Company (hereinafter Pepsi) executed a guarantee instrument in which it guaranteed...

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