IKO Industries Inc. will invest in a $33.7 million extruded polystyrene manufacturing plant in Brantford, Ontario.

IKO, a well-known company in the construction and building materials industry, is expanding its business by adding XPS foam to its product portfolio. Extruded polystyrene is widely used in the construction industry, such as roof insulation panels. XPS foam's thermal insulation, durability, and insulating properties make it a top choice among builders and contractors. IKO's new factory will be able to meet the growing demand for XPS foam in the current market. Most importantly, XPS foam recycling is fully achievable and contributes to the sustainability goal of the construction industry.

XPS foam recycling can break down waste XPS building materials into particle form and put them back into the production of recycled products, forming a good recycling closed loop and promoting the recycling development of the construction industry. And the entire process of XPS foam recycling is simple and easy to implement, including compaction, granulation and reuse. In addition to contributing to the sustainable development of the entire construction industry, XPS foam recycling is also a worthy investment project, which will bring long-term and stable profits to the company. Many recyclers now purchase compacted XPS foam blocks for processing into recycled products. The recycling market for XPS is very broad and continues to grow, and its price is much higher than that of recyclable materials such as cardboard. XPS foam recycling is an investment project that has both environmental and economic benefits. Enterprises can reap stable income by investing in an XPS compactor, and the return on investment of this machine can be obtained within 1-2 years.

INTCO Recycling has more than ten years of research and practical experience in the field of XPS foam recycling, and has developed the GREENMAX XPS compactor, which can compact XPS foam into compact foam blocks at a high ratio. The XPS compactor uses physical screw compression technology and is equipped with a sharp screw cutter inside, which can break XPS foam into uniform pieces. The machine also uses a foam filtering device to ensure that only 30mm-50mm foam fragments fall into the bottom bin, and excessive foam will be crushed again by the screw cutter. In order to increase the degree of automation, the GREENMAX XPS compactor is equipped with an automatic cutting function. When the compacted foam is extruded by the screw and reaches a certain distance, it will be automatically cut into uniform pieces for easy handling by recycling personnel. Subsequently, these XPS foam blocks can become raw materials for new environmentally friendly building materials after granulation processing.

Sustainability is increasingly becoming a driving force in the construction industry, with recyclable materials receiving increasing attention. Because XPS foam recycling is 100% possible with the help of the XPS compactor, the market demand for extruded polystyrene is growing.