Montreal Company to Earn $3 Million from Nylon Recovered at Kingston Landfill
Blue Gold Beverages, Inc. announced this week that, as a result of its acquisition of TY Recycling at the end of last year, 2000 metric tons of commercial grade Type 66 Nylon have been sourced from a Kingston landfill site.
The nylon – recovered from the McKendry site near Kingston – will be cleaned, reground and pelletized, then sold to supply the enormous global demand for this product. The commercial grade nylon is especially in demand in Asia and India and, according to a company release referencing the Recycling Exchange Listings website, this recovery could potentially be worth $3,000,000.
As stated on the archived website for Poly-Pacific, a Burnaby BC based company that was involved in prospecting for nylon in both the McKendry and nearby McAdoo landfill sites, this material was originally disposed of by DuPont during the 1960′s and 1970′s.
Also according to the site’s FAQ page, the nylon dumped at these sites came about because “the machines which produced nylon during this era where not made to be shut off. Doing so required a very lengthy process of shut down and start up. It was simply more economical to keep the machines running and producing nylon than turning them off.”
However the high demand today – with companies willing to pay up to $1,500 per metric ton for top grade commercial Type 66 Nylon Regrind – means that modern machinery have been engineered to recycle excess or off spec nylon back into production, and reclaiming dumped nylon from the past has become profitable.
Nylon recovered from the McAdoo landfill, according to Poly-Pacific’s report, was mixed with granular material and therefore much easier to recover and clean than nylon from the McKendry Landfill. Although only 3 km apart, the McKendry site is located in a flat bog area containing a dense clay base that stuck to the nylon – requiring very labour intensive and costly cleaning.
In a Whig Standard article posted 3 years ago (located via the Barrie Examiner), Poly-Pacific reported it did not complete a planned joint venture with Fando Holding Canada Ltd. for the cleaning and selling of recovered nylon in Asia from the McKendry Landfill Site.
“Efforts to have the nylon shipped and cleaned in North Korea proved to be very difficult due to governmental policy and lack of technical knowledge in that country,” Poly-Pacific said at the time.
It was also reported that Fando had sold the McKendry Landfill Site to an Asian buyer for US$600,000, of which Poly-Pacific received $150,000.
Blue Gold Beverages, which has its head office located in Montreal, reports that their Mckendry nylon samples were sent to several companies for testing and received “extremely positive feedback”.
The company is now completing a feasibility study to ensure maximum profits and increased shareholder value from the sale of this nylon, as well as actively searching for other sources of Type 66 Natural Nylon Regrind.
Photo: Wikimedia Commons (University of Ulm)