Pearl Global Ltd ( (AU:ETR) ) has shared an update.
Entyr Limited has received a $3.79 million R&D Tax Incentive payment for expenditures related to its thermal desorption project aimed at converting rubber waste into sustainable products. This financial boost underlines the company’s commitment to advancing environmentally-friendly technology in tyre processing, enhancing its market position as a leader in sustainable waste management solutions.
More about Pearl Global Ltd
Entyr Limited is an innovative tyre processing company specializing in the application of next-generation thermal desorption technology to convert tyres into sustainable products, including waste-to-energy solutions. Their technology is notable for its low emissions and absence of hazardous by-products, meeting Australian regulatory standards without requiring chemical interventions.
YTD Price Performance: 0.0%
Average Trading Volume: 3,146,233
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$13.88M
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