SAINT-JÉRÔME, QUEBEC (March 6, 2:45 p.m. ET) — A Quebec firm is investing to expand and upgrade the kinds of recycled plastic products it makes.
MHP Inc. will upgrade an existing extrusion line and add a second thermoformer in the project, said MHP President Stéphanie C"té in a telephone interview from her firm's operation in Saint-Jér"me.
“We will start the new production in a few weeks,” C"té said. The new thermoformer has been delivered and the extruder upgrade is underway. MHP mainly uses recycled post-industrial resins.
MHP wants to add extruded recycled PET and thermoformed PET products to its mix. So far it has concentrated on recycled high density polyethylene and low density PE. Its current product line includes cat litter pails, extruded sheet, cap liners, strapping, and extruded foam. It also wants to be a bigger presence in export markets.
MHP is spending about C$100,000 (US$100,600) for the upgrade and additional thermoformer. It will receive a C$53,000 (US$53,300) repayable grant from federal agency Canada Economic Development.
MHP was founded in 2008.
The repayable grant was announced by Denis Lebel, Minister of Transport, Infrastructure and Communities and Minister of the Economic Development Agency of Canada for Quebec region.