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Pearl Global advances first tyre processing facility near Brisbane

The company listed on the ASX in February 2018 at 20 cents, shares last traded at 26 cents.
tyres stacks on top of each other
Disposing of tyres is a global problem due to pollution emissions

Pearl Global Ltd (ASX:PG1) is making good headway advancing its first commercial-scale tyre processing facility near Brisbane in Queensland.

The company listed on the ASX in February 2018 by way of reverse takeover.

Pearl Global is a tyre processing company that applies unique its technology to cleanly convert tyres into valuable secondary products.

Progressing towards site commission completion

Pearl is commissioning its first commercial-scale production facility and the site is now in the final stages of the commissioning process.

The commissioning process is not limited to the thermal desorption units, but all operational functions.

Independent testing of the site was conducted for occupational health and safety purposes, which has confirmed a healthy and safe working environment.

Australia’s first and only environmental approvals

Pearl has Australia’s first and only environmental approvals for the thermal treatment of rubber.

The company’s technology is a significant advancement on other methods of processing waste tyres because it has low emissions, no hazardous by-products and requires no chemical intervention

It is also the only process that meets the standard emissions criteria set by the Australian regulators for this type of technology.

Tyres are not naturally degradable, with tyre fires and pollution becoming major causes for concern.

Governments are increasingly seeking solutions for dealing with the waste, and Pearl’s technology provides a clean solution to this global problem.

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