Polistivert drew attention to its growth

Pictured from left to right: Roland Côté (VP R&D), Marianne Lepinoit (Financial Director), Christophe Goffoz (Administrator), Solenn Brouard Gallot (Founder) and Nathalie Morin (CEO) (Photo: Courtesy)

Packaging industry. By building a large-scale plant, revising the company structure, negotiating with various potential partners as well as betting on the development of new types of plastic recycling processes, Polystevert is focused on its growth, which it wants to be international.

“Since 2011, we have spent a long time developing our patented process for recycling polystyrene – commonly called Styrofoam – by dissolving it. Now that it works perfectly, we have reached the point of commercializing this technology and deploying it around the world, starting in Quebec. has reached the point of doing,” summarizes its founder Solenn Brouard.

Solen Brouard took on the role of chief growth officer at the end of June, leaving the tasks — and the CEO position — to Nathalie, precisely to discuss “this important step” in the life of the Montreal company of 20 employees. morin

“I joined the team over a year ago, initially as Chief Technology Officer, to support them during their next phase of growth, explained the respective principal. I spent several years at Enerchem, in operations, projects and scale up [déploiement à plus grande échelle] New green technology. The chemical engineer by training emphasizes that his skills are “very complementary” to those of Solain Brouard and Marianne Lepinoit, Polistivert’s financial director.

“The company is really in transition, the CEO continued. We are in discussions with a number of partners around the world, with whom we would like to form strategic alliances and to whom we would like to sell licenses to use our technology.

Without wanting to go into detail, Solenn Brouard noted that “currently there is a strong demand in Europe, because the regulations are already in place. In North America, it is starting; there are new laws passed in California”.

A full-scale plant and new markets

Nearby, a “full-scale” expanded polystyrene recycling plant is under construction. “Located in the greater Montreal area, it will be seven times larger than our demonstration plant in Anjou,” said Solenn Brouard. It is expected to be operational by the end of 2024.” Polystevert hopes to recycle 7,000 tonnes of bicycle helmets, fish coolers and packaging for televisions and computers, among other items, provided by partners specializing in residual materials management. “Our product It will then be sold to a partner who shows a lot of interest”, he explains, adding that, “Today, recycled polystyrene is more expensive than virgin polystyrene, because it has obvious environmental problems.

Without naming potential financial partners for this construction, the founder admitted that “one of the strategic reasons for building the plant in Quebec is that many institutional and industrial partners want it to be here”. The demonstration facility, which opens in Anjou in 2018, will become the “R&D center” of the company, which is already working to adapt its recycling process to other styrenic plastics. “For us, being interested in Hips is a logical continuation [polystyrène choc, High Impact Polystyrene en anglais] and ABS [acrylonitrile butadiène styrène]As it is a continuation of our technology”, argues Nathalie Morin.

In the case of HIPS, featuring, among other things, small containers of yogurt, the team “needs to finish the pilot phase”. For ABS, a thermoplastic polymer widely used in the automotive, electronics and toy industries, it’s time to “pilot scale up the process.” These two innovations will “participate in the company’s commercial appeal”, speculates Solen Brouard.

Additionally, Polistivert was named 22nd in the Future 50 – Canada’s Fastest Growing Green Companies – by Corporate Knights last June. The number of employees should double by the end of the year. “For everyone, finding labor is currently a good challenge!” The CEO notes.

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