Montreal, August 16, 2023 — Polystyvert is proud to announce the appointment of Evan Price as Director and Chairman of the Board of the company. Mr. Price’s exceptional and diverse background is a valuable asset in supporting Polystyvert’s mission to revolutionize plastic recycling.
Before joining Polystyvert, Mr. Price held leadership and governance positions within publicly traded and privately held companies, as well as within Crown corporations and not-for-profit organizations. Currently, he serves as the Chairman of the Board of IOU Financial (TSX-V: IOU), as well as a member of the board of directors of the Royal Canadian Mint, and a member of advisory boards for the Royal 22nd Regiment, Coffrage LD Inc., and Micro Logic. Previously he has been involved with internationally prominent startups in the fields of environmental technology, communications, and the forestry sector. A true entrepreneur at heart, he co-founded several tourism businesses with his family. He holds a certificate in governance from the Collège des administrateurs from Laval University, an MBA from INSEAD (France) and a Bachelor of Science in Forestry Engineering from Laval University.
I am thrilled to join Polystyvert as Director and Chairman of the Board,” stated Evan Price. “I am impressed by the company’s technological advancements. The way Polystyvert pushes the boundaries of innovation is not only remarkable but also crucial for the future of our environment. I am particularly excited about collaborating with Polystyvert’s exceptional team, and I am confident that our collective efforts will pave the way for a more environmentally respectful world for future generations.Evan Price, Director and Chairman of the Board of the company
We are honored to welcome Evan Price to our board of directors,” said Nathalie Morin, President and CEO of Polystyvert. “With his exceptional background and unwavering commitment to sound and responsible governance, Mr. Price brings an enlightened perspective and invaluable strategic expertise to our team. His extensive governance experience will undoubtedly help us strengthen our market positioning and enhance our efforts to reconcile economic development and environmental protection.Nathalie Morin, President of Polystyvert
Evan Price’s appointment as Director and Chairman of the Board comes at a pivotal moment for Polystyvert, as the company experiences remarkable growth and continues to push the boundaries of plastic recycling innovation. Last June, Polystyvert notably announced the construction of the first commercial polystyrene recycling plant with a capacity of 9,000 tons per year. This represents the equivalent of 15% of the polystyrene buried annually in Quebec, which will now be recycled and reused in the production of products intended for the same applications as virgin resin plastic.
Polystyvert is a Montreal-based company in the clean technology sector that is revolutionizing the world of plastic recycling by contributing to the implementation of a circular economy. With its unique dissolution recycling process, Polystyvert can recycle plastic waste that is typically considered non-recyclable due to high contamination. The result is a recycled raw material of unmatched purity that can replace virgin plastics while reducing greenhouse gas emissions by up to 90%. This Canadian innovation has been patented in over twenty countries and now provides a sustainable alternative to virgin plastics for industries such as electronics, toys, packaging, and automotive.
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