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Plastic Recycling January 25, 2024 02:30:54 PM

Revolution Announces Acquisition of Canadian Recycler PolyAg Recycling

Paul Ploumis
ScrapMonster Author
This partnership aligns with Revolution's strategic growth goals, including the company's recent expansion in Little Rock, AR where they invested in new blown film lines to produce specialty agriculture films.
Revolution Announces Acquisition of Canadian Recycler PolyAg Recycling

SEATTLE (Scrap Monster): Revolution Sustainable Solutions, LLC (Revolution), a leading U.S. provider of ESG material solutions, is pleased to announce the successful acquisition of PolyAg Recycling, LTD (PolyAg), a leading Canadian mechanical recycler of agricultural films. This strategic move marks a notable milestone in Revolution's ongoing commitment to increasing the company's recycling capacity as well as growing the footprint of the company's circular solutions across North America.

The acquisition of PolyAg is expected to benefit both businesses and the markets they serve by combining  PolyAg's existing operations with Revolution's extensive resources and expertise in the film recycling space. The Bashaw, Alberta based PolyAg began operations in 2019, offering a local recycling solution for used agriculture film–a market where EPR (Extended Producer Responsibility) and Product Stewardship programs designed to drive toward the goal of increased recycling have been expanding in recent years. In Alberta, the Extended Producer Responsibility System went into effect in 2022, and both governments and non-governmental agencies have turned to recyclers such as PolyAg to help implement various innovative waste management programs to divert waste away from landfills and increase circularity in the ag market.

This partnership aligns with Revolution's strategic growth goals, including the company's recent expansion in Little Rock, AR where they invested in new blown film lines to produce specialty agriculture films. As Revolution expands further into the ag market, adding PolyAg's recycling capacity offers significant opportunities to better serve ag customers across the U.S. and Canadian markets with the company's holistic approach to collection, recycling and production of sustainable product solutions.

"We are excited about the possibilities that this acquisition brings to Revolution and our valued stakeholders," said Sean Whiteley, CEO of Revolution. "PolyAg has built an impressive business in a relatively short period of time, and by combining our strengths and expertise, we are well-positioned to deliver even more impactful sustainable solutions to our customers in the U.S and Canada."

Revolution is committed to ensuring a seamless transition for PolyAg and its employees. Current customers of PolyAg can expect uninterrupted service and support during this transition.

Courtesy: www.streetinsider.com

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