Cover Technologies (TSE:PLAS) has released an update.
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PlasCred Circular Innovations Inc. has announced the significant progress of its PlasCred Neos facility and the successful commercial scaling of its PlasCred Primus pilot facility, which specializes in the upcycling of plastic waste. The company has achieved high liquid yield rates and is working on a Front-End Engineering Design study to further its innovative upcycling facilities, which aim to increase capacity and promote a circular economy. Strategic partnerships with CN Rail and Palantir Technologies Inc. are enhancing the operational efficiency and scalability of PlasCred’s projects, bolstering their commitment to sustainable waste management solutions.
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