The company’s latest quarterly financial report reported “substantial progress” on construction for its Hawkesbury thermal decomposition commercial/industrial recycling facility on Tessier Street. Construction on the $30 million project began in August 2019 and the company expects to have the building ready for installation of recycling processing equipment in August this year.
When completed the facility will begin the first phase of the company’s planned recycling operation, processing used tires to produce recovered carbon black, which can be used as a colour pigment in plastics, paints, and inks, and as a reinforcing filler for new tires and other rubber products. Other products for sale to global markets from the tire recycling process include lubricating oil and recovered steel.
Once the tire-recycling operation is well underway with established sales markets, the second phase of the company’s plan for the facility is for recycling various kinds of used plastic, ranging from single-use shopping bags to the heavy industrial-grade farm plastic used for protecting hay bales from the weather.
The facility is expected to provide between 40 and 60 local jobs when in full operation.