Polykar recently reported breaking ground on a 50,000 square-foot plant in Edmonton, Alberta, where its recycling efforts will be increased.
The facility is expected to be fully operational by the Spring of 2022. Polykar will incorporate a recycling facility, positioning the company to actively participate in Alberta’s efforts to divert plastic waste from landfills. This will allow Polykar to recycle and repurpose those materials, contributing to the province’s stated goal of creating a circular plastics economy.
“Plastics development and recycling are exciting areas for growth in our economy. This investment shows how we can divert waste from landfills while building our manufacturing sector and creating jobs,” says Doug Schweitzer, Alberta’s minister of jobs, economy, and innovation.
The facility is phase one of what will become a $40 million investment to create a center for developing and commercializing flexible and compostable packaging. Polykar, which was recently named one of Canada’s Best Managed Companies by Deloitte, will be providing the first large-scale investment within the Discovery Business Park, South Edmonton’s newest industrial subdivision developed by Remington & QuadReal.
“We selected Edmonton and Alberta as the ideal location for our second Canadian plant for its dynamism, its openness to the manufacturing sector, and most importantly, because of its highly qualified, skilled and diverse labor force,” says Amir Karim, president and CEO of Polykar.