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Progressive Planet

09:30 AM EST - Progressive Planet : Announced the signing of a non-binding MOU on March 13, 2023 , with Lafarge Canada Inc., Canada's largest cement producer, to explore a CleanTech solution expected to decrease the carbon footprint of cement. Under the MOU, Lafarge and Progressive Planet will explore an agreement that will see Lafarge purchase all the PozGlass produced by Progressive Planet's pilot plant, based in Kamloops, BC . The pilot plant is expected to begin construction in 2023 and be operational in 2024. Lafarge will test the commercial possibilities of PozGlass 100G, the Progressive Planet innovation made of 100 per cent recycled consumer glass. It is designed to replace many of the carbon-intensive ingredients used in cement. Progressive Planet shares V.PLAN are trading unchanged at $0.33.

Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=PLAN%3ACA&qmodStoryID=6021436304301466