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TC Transcontinental acquires assets of Enviroplast

TC Transcontinental has announced it has acquired the assets of Enviroplast Inc., a company focused on recycling flexible plastics in Quebec. The equipment acquired by TC Transcontinental will be used for converting plastic waste recovered from sorting facilities and other commercial, industrial and agricultural sources into recycled plastic granules.

“The circular economy is the way of the future,” said Sylvain Levert, senior vice president, Recycling Group, TC Transcontinental Packaging. “This equipment acquisition is part of our goal to vertically integrate the recycling of plastics in our packaging production chain in Canada, the United States and Latin America, ultimately ensuring stable procurement of recycled resin. We are proud of this first step and are counting on the collaboration of public and private stakeholders to meet the plastic recycling challenge, and to promote the creation in Québec of a centre of expertise in the circular economy of plastics.”

TC Transcontinental’s goal is to differentiate itself by offering eco-responsible packaging products that contain recycled plastic, in an effort to accelerate their development and create a true circular economy of plastic that will benefit the environment, economy and society.

Flexible plastic packaging will ensure optimal product protection, facilitate transportation and help extend product shelf life. The Recycling Group also contributes to the company’s objectives as a signatory of the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment, including increasing the post-consumer recycled content across its entire portfolio of flexible plastic packaging products.