Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Progressive Planet Solutions Inc ( (TSE:PLAN) ) just unveiled an announcement.
Progressive Planet Solutions Inc. has secured a $1.14 million grant from the British Columbia Innovative Clean Energy Fund to advance its PozGlass™ pilot plant, which aims to reduce the carbon footprint of cement production by transforming post-consumer glass into a supplementary cementitious material. This funding, along with a strategic partnership with Lafarge Canada, positions Progressive Planet to capitalize on the growing low-carbon cement market, which is projected to triple by 2034, and supports the company’s mission to scale its innovative solution for significant emissions reductions.
More about Progressive Planet Solutions Inc
Progressive Planet, based in Kamloops, British Columbia, operates in the sustainability sector, focusing on developing eco-friendly products by leveraging owned mineral assets and recycled materials. The company is involved in the production of low-carbon cement technology and other sustainable building materials.
YTD Price Performance: -25.00%
Average Trading Volume: 80,756
Technical Sentiment Signal: Buy
Current Market Cap: C$14.82M
See more insights into PLAN stock on TipRanks’ Stock Analysis page.