New plastics recycling plant planned for Sarnia, Ont.
Veteran recyclers create partnership to revitalize plastics recycler Entropex.
A new plastics recycling plant is being planned for the recently shuttered Entropex LLC recycling facility in Sarnia, Ont.
Entropex processed post-consumer rigid plastic packaging for the manufacturing of new, sustainable consumer and automotive products. The company, which opened in 1978, has been in receivership since July 14, 2016. President Keith Bechard said in a statement issued at the time that despite best efforts, the company had “struggled to meet financial challenges caused by the dramatic decline in oil prices and the very competitive business environment.”
Now, the assets of the closed Entropex plant are being purchased by recycling executives Emmie Leung and Tony Moucachen. Leung is the founder of recycling company Emterra Group and Moucachen is the founder of Merlin Plastics Group.
The purchase price has not been disclosed.
In a statement, Leung and Moucachen said they will restart the company “in a staged manner and with a new name that will reflect a fresh vision and mission.”
“[Our] vision for the new company is to create sustainable, post-consumer, plastic material products that contribute to the circular economy by preserving their utility and value over their extended lifecycle,” they said. “Our aim will be to create products that help our customers – producers and brand owners – achieve the best possible environmental outcomes that result in cost efficient end-of-life product management.”