KAMLOOPS, BC, Feb. 21, 2023 /CNW/ - Progressive Planet (TSXV: PLAN) (OTCQB: ASHXF) ("Progressive Planet", "PLAN", or the "Company"), a strategic partner and investee company with ZS2 Technologies ("ZS2"), would like to extend its congratulations to ZS2 for being awarded a $2.6 million grant to develop direct air capture technology.
On February 16, 2022, Sustainable Development and Technology Canada ("SDTC"), a federal Crown corporation, announced that ZS2 Technologies had been awarded the grant to develop direct air capture technology. ZS2's ground-breaking work involves permanently removing CO2 from the atmosphere and incorporating it into high-performance cement building materials.
PLAN had previously announced a supply agreement with ZS2 to provide 24 tonnes of PozGlass™ SCM and PozZeo™ SCM to ZS2 over a twelve-month period, with an expected monthly supply of roughly two tonnes. However, PLAN has now received a purchase order and will be shipping a full truck of PozZeo, totalling 26 tonnes, to ZS2's new pilot plant in Calgary this week. PozZeo is produced from fines created during the production of the Company's Z-Lite® Feed Additive.
Click here to see more...