Unisphere Waste Conversion Ltd. and its wholly owned subsidiary, GlidePath Manufacturing Industries Inc., have signed a letter of intent with Norwell Dairy Systems Ltd. to furnish $1.5 million worth of recycled rubber dairy mats.
The deal calls for GlidePath to provide Norwell, a dairy equipment and accessory supply firm, with between 125,000 and 165,000 2-foot-by-3-foot mats beginning in May, according to GlidePath President Victor Sibilia.
GlidePath said it has a state-of-the-art recycling facility in Brampton that can process four tons of scrap tires every hour into high-quality crumb rubber, nylon fiber and steel. Its proprietary technology allows the rubber to be fashioned into products such as dairy mats, shoe soles, floor tiles and floor mats, the company said.
GlidePath, according to its Web site, has an exclusive supply arrangement with EnviroTire Technologies Ltd., which is based in the same complex in Brampton as GlidePath. The arrangement ensures exacting quality control, the Web site stated.
Toronto-based Unisphere is a diversified tire recycling company with a number of subsidiaries including both tire remediation and recycling operations. The firm's main goal, which it announced last December, is to open a tire pyrolysis plant in Belledune, New Brunswick, by November of this year.