TORONTO—Recycling company Canada Fibers Ltd. is opening a new 14,864.5 thousand square metre plastics recycling plant in North Toronto.
Named Urban Polymers, the new venture will focus on creation of pure, homogeneous plastic materials from post-consumer and post-industrial waste, using state-of-the art equipment and additive formulations sourced globally.
During its initial phases of development, Urban Polymers will focus on production of polyethylene terephthalate (PET) flake material, as well as production of compounded polyethylene (PE) and polypropylene (PP) in pellet form. PET is the primary source of material for beverage bottles and single serving food containers, with PE and PP utilized to produce packaging for other liquids including household detergents.
The plant will be capable of processing 25 million pounds per year of PET and 11 million pounds per year of PP/PE during its initial phases of development, representing a significant increase to recycling infrastructure in the country.
Canada Fibers was established 25 years ago as a Toronto-based paper recovery and marketing operation. Since then, operational scope has broadened to include recovery, separation and marketing of a wide variety of recovered materials, comprising plastic, glass, aluminum, paper and metal materials.