Papyrus Australia Limited
ASX Code
PPY
Sector
Materials
Investor Centre
https://www.papyrusaustralia.com.au/invest/shares/
Website
https://www.papyrusaustralia.com.au/
About
Papyrus Australia is the developer of a world-first technology that converts the waste trunk of the banana palm into alternatives to forest wood products to be used in the paper, packaging, furniture, building, construction and other industries. The Papyrus process uses a renewable fibre source (i.e. banana tree trunk) that is fully sustainable, does not contribute to the destruction of natural or purpose-planted forests and does not consume any chemicals or water during manufacture. The process is also much more environmentally-friendly and has significantly lower production costs when compared to comparable products Papyrus’ main objective is to license its technology to suitable entities that will establish banana veneer and banana fibre production factories in locations where banana is grown.