Earlier this month, PLAN received and commissioned a custom-designed batch ball mill ordered in
Immediately upon receiving this mill, PLAN produced and dropped off 500kg of PozGlass™ SCM, PozDE™ SCM, and PozZeo™ SCM samples requested by three companies in
"Progressive Planet has provided us a circular economy solution, a post-consumer glass product currently bound for landfill, and it has shown considerable strength benefits in our waste-to-cement products," said Dr.
A strategic implementation is underway to materially enhance gross margins showing progress to actions highlighted in the Management's Discussion & Analysis For the Year Ended
At the date of acquisition,
As referenced in the MD&A, PLAN intends to process low-carbon cements and regenerative fertilizers in a separate building to the legacy operations, which would increase processing output while utilizing existing team members and equipment where possible. The expansion within existing space is made possible because of steps taken to optimize warehouse space as described in the MD&A. Construction of the standalone Ag-Tech plant is underway with the first line expected to be operational making regenerative fertilizer powders by
"PLAN operates a business that sells innovative products to customers in every province and every state," says
Progressive Planet is an established B2B manufacturer of agricultural, household, and industrial products whose pioneering blue-sky technology turns post-consumer glass into high-performance cement using CO2 sequestration.
PLAN is developing and producing a portfolio of proprietary solutions focused on sequestering CO2 and minimizing the carbon footprint to help our customers build, grow, live, and operate more responsibly.
Neither the
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the matters described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.
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