BRANTFORD, ONTARIO — Resource Plastics Inc. plans to debottleneck its recycling capacity by as much as 30 percent, its recently appointed president said.
The Brantford-based firm is running near capacity as it processes 30 million pounds of film and bottles annually, Wayne Maddever said in a telephone interview. He expects the firm to boost capacity through minor processing modifications and by adding another dryer.
``These are not multimillion dollar projects,'' he added.
Resource restructured about a year ago to avoid bankruptcy. Maddever, an engineer, joined the company in December when President Douglas Matthews left the company.
Matthews used his accounting experience to help Resource escape bankruptcy and to start anew on a stronger financial footing.
Maddever's main plastics experience was as manager of business development for Ecostar International, a company that developed starch-based degradable additives. He left that job in 1990 and joined an industrial gases company, for which he was general manager before going to Resource.
Maddever said Resource wants to expand the types of post-consumer plastics it recycles if it can find markets for them. It specializes in polyethylene stretch film and bottles but also has experimented with polypropylene film, dairy tubs and lids and rubber-contaminated PE film.