Progressive Planet Secures $1.14 Million for Low-Carbon Cement Pilot Plant

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.

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Average Trading Volume: 80,756

Technical Sentiment Signal: Buy

Current Market Cap: C$14.82M

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