Evolve recycling purchases assets of Nexxsource Recycling in Canada
The Canadian tire recycler Nexxsource Recycling has been transformed last November into a new company that received a name Evolve Recycling and is now headquartered in Ontario after it was purchased by North West Rubber and Moose Creek Tire Recycling. Additionally, Trillium MC Inc., MCTR’s tire hauling subsidiary has become part of the new firm.
Evolve operates as a Canada’s biggest transporter and recycler of scrap tires, and it has facilities in two large cities of Canada. The company manages to produce valuable goods out of waste tires – this allows local manufacturers meeting the standards as outlined by the Resource Recovery and Circular Economy Act adopted two years ago.
Press release by by Newswire.