Sign up Australia
Proactive Investors - Run By Investors For Investors

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.

View full PG1 profile View Profile

Pearl Global Ltd Timeline

Related Articles

1515684629_Universal-mCloud-pic-1.jpg
January 12 2018
Universal mCloud's technology set services some of the biggest companies in the world
An illustration of the tools Velpic uses in providing education and incident management
March 22 2018
Velpic has just signed its first NowForce client in Australia.
electric vehicle charging
July 04 2018
AMP wants to add 25 sites in Greater London and extend its reach into the North-West around Liverpool and Manchester

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use