Progressive Planet Solutions Inc (TSX-V:PLAN) has announced plans to expand its operations into Calgary, Alberta with its C-Quester Centre of Sustainable Innovation scheduled to be launched in the first quarter of 2022.
The company said that the 1,600 square foot R&D lab and testing facility, co-located with ZS2 Technologies, will help accelerate both IP generation and the optimization and commercial development of future eco-friendly products for the cement, concrete and building materials industries.
Roger Mah, Progressive Planet’s VP of Research and Development, will be leading the R&D lab with assistance from the scientific advisor, Doug Brown, the release said.
READ: Progressive Planet unveils PozGlass 100G SCM made from 100% recycled glass to reduce carbon emissions in concrete
"We're in the preliminary stages of a sustainability revolution and building the C-Quester Centre of Sustainable Innovation will strengthen our ability to introduce innovative technologies that capitalize on much-needed market disruption," Progressive Planet CEO Steve Harpur said in a statament.
Harpur added: "Calgary has an incredible talent pool, full of educated and industrious professionals that are excited about being part of the new sustainable economy and purpose-driven research. Advancing joint work on carbon sequestration in magnesium-based cements with ZS2, along with improving carbon sequestration on Portland-based cement independently have been Company priorities, and the timing aligns perfectly with our commercialization plans for PozGlass and other supplementary cementing materials."
The new centre will focus on micronized mineral production and include capabilities to help measure carbon uptake. It will also cater to contract research and development programs from customers requiring specialized skills and technical assistance to help solve real-world sustainability challenges.
"Progressive Planet is developing world-class products to significantly reduce the carbon footprint and improve the performance of cement, one of the most consumed building materials on the planet,” said ZS2 Technologies CEO Scott Jenkins.
Jenkins commented that the company’s investment in a strategic R&D Centre, in concert with the significant expansion of our manufacturing capacity in Q1 2022, “is a testament to the momentum our partnership is generating to reduce the carbon footprint of construction — the world's largest industry."
Progressive Planet is an emerging technology company providing innovative circular solutions and earth-friendly micronized minerals that naturally unlock sustainability benefits across the construction and agriculture industries.
Contact Ritika at ritika@proactiveinvestors.com