Mr. Steve Harpur reports

PROGRESSIVE PLANET ANNOUNCES UP TO $4.6 MILLION IN NON-DILUTIVE FUNDING OVER 4 YEARS FROM SDTC TO BUILD REVOLUTIONARY POZGLASS PILOT PLANT IN KAMLOOPS, BC

Progressive Planet Solutions Inc. has secured up to $4,636,468 in funding to support the construction of a pilot plant to produce PozGlass, a low-carbon supplementary cementitious material (SCM) derived from postconsumer glass. This funding from Sustainable Development Technology Canada (SDTC) covers a four-year period. The first tranche of $1,555,682 was received by Progressive Planet on Jan. 31, 2025.

"PozGlass is our solution to reducing the carbon footprint of cement production. This funding allows us to innovate, reduce emissions and create value from postconsumer glass, a material that has been historically misallocated and considered waste," said Steve Harpur, chief executive officer of Progressive Planet. "We are grateful for the financial support of SDTC, whose substantial investment is driving this project forward."

This investment represents a significant milestone in Canada's push toward decarbonizing the construction industry. Cement production, a key contributor to global CO2 (carbon dioxide) output, currently accounts for over 7 per cent of worldwide emissions. PozGlass represents a viable solution by reducing reliance on clinker, the carbon-intensive ingredient in traditional cement, while diverting postconsumer glass from landfills.

"Having the support of SDTC and Canada's largest cement company, Lafarge Canada, reinforces that PozGlass is a relevant and promising solution to decarbonizing the production of cement," said Mr. Harpur.

On June 29, 2023, Progressive Planet announced that it had signed a purchase agreement with Lafarge Canada Inc. agreeing to purchase all the PozGlass 100G produced by Progressive Planet's pilot plant up to a maximum of 3,500 metric tonnes per year.

As part of this 2023 agreement, Lafarge Canada Inc. agreed to provide technical guidance and support to Progressive Planet in advancing the proprietary PozGlass technology through design, construction and operation of the pilot plant.

"Progressive Planet is grateful to have had the continued support of Lafarge Canada as it sought non-dilutive funding to shoulder a portion of the costs of building the PozGlass pilot plant," stated Mr. Harpur.

"With traditional sources of supplementary cementitious materials in decline globally, innovation is more critical than ever. Companies like Progressive Planet are providing new options to reduce the embodied carbon of building materials through circular economy advancements. We are thankful to the government of Canada for their ongoing support of emerging technologies and look forward to working with Progressive Planet on the testing and use of PozGlass," said Brad Kohl, president and chief executive officer, Lafarge Canada (West).

A scalable, Canadian innovation

The Kamloops facility will serve as a hub for innovation and production, leveraging Canada's abundant postconsumer glass supply to scale PozGlass for global markets. Unlike traditional SCMs such as fly ash, which face dwindling supply as provinces phase out coal-fired power, PozGlass is made from postconsumer glass -- primarily sourced from cities, the very places that are the largest consumers of Portland cement. This proximity to raw materials and end-users ensures PozGlass integrates seamlessly into existing cement production processes, offering a scalable and sustainable solution for the industry.

This project aligns with Canada's commitment to advancing clean technology and circular economy principles. By turning waste into a valuable commodity, the PozGlass pilot plant will help position Canada as a global leader in low-carbon cement solutions, creating jobs and fostering sustainable economic growth.

Building momentum toward a low-carbon future

The global low-carbon cement market, valued at $2-billion (U.S.) in 2023, is projected to triple by 2034. With partnerships spanning investors, engineers and construction stakeholders, Progressive Planet is poised to capitalize on this growth while reducing the carbon footprint of one of the world's most essential industries.

The pilot plant is expected to begin operations in October, 2025, marking a key step toward scaling PozGlass production and accelerating its adoption across North America and beyond. The first phase of operations includes dry processing of the postconsumer glass to remove all contaminants from the glass while creating the coarse glass powder, which is the sole ingredient of PozGlass.

In phase 1, Progressive Planet will also make other coarse glass products such as CanBlast, a crystalline, silica-free sand-blasting medium that Progressive Planet has sold for over a decade, but had it made by a third party company using postconsumer glass.

Phase 2 will involve wet grinding of coarse glass powder to create PozGlass. Phase 2 construction of the wet grinding facility is expected to be completed in late 2026.

About Progressive Planet Solutions Inc.

Progressive Planet, based in Kamloops, B.C., is redefining sustainability with its products for a healthy planet. By leveraging owned mineral assets and recycled materials, Progressive Planet develops patented and patent-pending innovations that promote a healthier planet.

Progressive Planet's C-Quester Centre of Sustainable Solutions leads advancements in low-carbon cement technologies while the company's second on-site lab focuses on sustainable solutions for agriculture and animal care. Progressive Planet's products are proudly available in over 10,000 retail locations across North America.

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