Dive Brief:
- Canadian recycling company NextUse Recycling is planning to construct a $30 million Materials Recycling Facility in Coquitlam, Vancouver.
- The facility will recover recyclable, useable, and compostable materials found in the waste stream.
- The MRF will have the capabilities to process 26% of the municipal solid waste in the Vancouver area and plans to have the plant operational within the next two years.
Dive Insight:
NextUse is in the process of applying for a license, and is currently waiting for approval. The company will handle all expenses associated with the construction of its facility, operating costs, and land. The city and its residents will not incur any fees or higher rates stemming from this project.