Nova Scotia invests in biodiesel made of plastic waste

The Nova Scotia government is investing in an expansion project that will process plastics into biodiesel.

Nova Scotia Premier Rodney MacDonald announced last week that the province will invest up to $20.7 million in Minas Basin Pulp and Power Company Limited‘s expansion. The company, which currently produces recycled paperboard, will build a biodiesel plastics processing plant for plastic waste.

“We are committed to investing in innovative and resourceful companies that contribute to job growth, a green environment, and a strong economy for Nova Scotia,” said the Premier in a statement. “Minas Basin is taking a leadership role by helping to ensure environmental sustainability for this province.”

According to Minas Basin, the new plant will divert 4,000 tons of plastic waste. The governmental investment will allow the company to commit to more than $27 million in capital expenditures.

“This assistance from the province allows us to enter the next phase of sustainable restructuring for Minas Basin,” said company president and chief operating officer Scott Travers. “It will create significant operational savings and increase the supply of renewable energy for Nova Scotia.”