
Polystyvert
Innovative sme environmental company with a mission to recycle polystyrene.
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* | CAD16.0m | Series B | |
Total Funding | 000k |
Polystyvert is a pioneering company in the field of polymer recycling, specializing in the dissolution recycling of polystyrene and ABS plastics. Operating in the Greater Montreal area, Polystyvert serves a diverse range of clients, including industrial manufacturers and consumer goods companies, who are looking to incorporate high-quality recycled materials into their products. The company has recently inaugurated its first full-scale commercial plant, capable of recycling 9,000 tons of post-consumer and post-industrial polystyrene waste annually. This facility represents a $40 million investment and is a significant milestone in the company's growth trajectory.
Polystyvert's business model revolves around its proprietary dissolution technology, which allows for the efficient recycling of highly contaminated plastic waste. This innovative process not only reduces the environmental impact of plastic waste but also produces recycled materials that meet the stringent quality requirements of various industries. The company generates revenue by selling these high-quality recycled plastics to manufacturers who are increasingly seeking sustainable materials to meet regulatory and consumer demands.
In addition to its commercial operations, Polystyvert has also established the Roland Research and Development Center to further innovate and expand its recycling technologies. This center is dedicated to exploring new applications and improving the efficiency of the dissolution process, ensuring that Polystyvert remains at the forefront of the recycling industry.
Keywords: polymer recycling, dissolution technology, polystyrene, ABS plastics, industrial waste, consumer waste, high-quality recycled materials, sustainable manufacturing, Montreal, innovation.