05.05.2021 / 11:41
The issuer is solely responsible for the content of this announcement.
Planet Clean Recycle Industries Corp is priming itself to eradicate the global crisis and move to alleviate the pressure felt in communities all over the world by implementing its creative and unique recycling solution. The Company is proposing a project that will use discarded plastic and other assorted waste found in landfills to construct a series of panels that can be used for the construction of affordable housing and semi-permanent housing in response to natural disasters like earthquakes, flooding, and emergencies like the increase in refugee immigration into Greece.
The company is seeking $250,000,000 for the implementation of research, development, IP, and commercialization of factories located in the United States, Europe and South East Asia.
Planet Clean Recycle Industries Corp will effectively be solving two problems with one strategy: by providing economically sustainable materials for use in emergency housing, tackling housing affordability issues surrounding displaced families and refugees, and taking steps toward the elimination of plastic waste, to ultimately create a cleaner planet for all.
Planet Clean Recycle Industries Corp has already accomplished a considerable amount of research and development and has tested prototypes of its proposed products, particularly the plastic panels used for alternative semi-permanent housing, out of its joint venture with CMK Grupp AB, based in Sweden. Through its partnership, certification, and practical involvement with the Laboratory of Electronic Sensors (LES), National Technical University of Athens (NTUA), and the Circular Economy & Eco Innovation Institute (CEEII), Planet Clean Recycle Industries Corp, has created an integrated center for plastic waste management and is looking to take the next step toward commercialization. The Company has sourced serious interest from a number of government entities, specifically Pakistan, India, Bangladesh, Indonesia and various African Countries for affordable housing.
The main operations and model that the Company is proposing will begin with plastic collection. The Company will collect, clean, and cut the plastic waste into chunks no bigger than 8mm pieces. Those pieces will then be processed and treated before being molded into the Company’s unique, recyclable plastic boards and panels.
These panels will act as a low-cost, eco-friendly, and sustainable substitute for plywood, with a wide variety of uses, including the construction of emergency shelters and affordable housing for individuals living below the poverty line. Plastic waste and other recyclable products will be collected from municipal landfills, etc. and amassed at the Company’s treatment and processing center to be used to fabrication.
About Planet Clean Recycle Industries Corp
Planet Clean Recycle Industries Corp innovate plastics recycling and greener energy methods to increase the sustainability of our planet: its oceans and seas, the land and the soil, and most importantly, its future. Planet Clean Recycle Industries Corp is located in Canada with ISIN # CA72706L1094 and Cusip # 72706L109 for the purpose of establishing its recycling business in Canada.