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PlasCred Circular Innovations Inc. Enters MOU With CN Rail

PlasCred Circular Innovations Inc. Enters MOU With CN Rail

PlascRed 循环创新公司与 CN Rail 签署谅解备忘录
newsfile ·  01/29 04:00

PlasCred Harnesses CN's Logistics Expertise

PlascRed 利用 CN 的物流专业知识

Calgary, Alberta--(Newsfile Corp. - January 29, 2024) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) (the "Company" or "PlasCred"), a transformative leader in the plastic waste upcycling sector, is pleased to release an update on our continued collaboration with Canadian National Railway Company ("CN") (TSX: CNR) (NYSE: CNI).

艾伯塔省卡尔加里--(Newsfile Corp.,2024年1月29日)——塑料废物升级回收领域的变革领导者PlascRed Circular Innovations Inc.(CSE:PLAS)(FSE:XV2)(“公司” 或 “PlascRed”)很高兴发布我们与加拿大国家铁路公司(“CN”)(多伦多证券交易所股票代码:CNR)(纽约证券交易所代码:CNI)持续合作的最新情况。

PlasCred is pleased to announce a Memorandum of Understanding (MOU) with CN. This partnership emphasizes PlasCred's commitment to the circular economy, significantly enhanced by CN's unparalleled logistical support. The collaboration is set to transform PlasCred's operations, leveraging CN's expansive logistics network to facilitate the growth and distribution of PlasCred's innovative solutions across North America.

PlascRed很高兴地宣布与CN签订谅解备忘录(MOU)。这种伙伴关系凸显了PlascRed对循环经济的承诺,CN无与伦比的物流支持极大地增强了这一承诺。此次合作将改变PlascRed的运营,利用CN庞大的物流网络来促进PlascRed创新解决方案在北美的增长和分销。

"CN is supporting growth in rapidly developing sustainable supply chains, including the circular economy of plastics. We are pleased to sign this MOU and we look forward to working with PlasCred and combining CN's best in class logistics team with their mission." stated Buck Rogers, Vice-President, Petroleum and Chemicals of CN.

“CN正在支持快速发展的可持续供应链的增长,包括塑料的循环经济。我们很高兴签署这份谅解备忘录,我们期待与PlascRed合作,将CN一流的物流团队与他们的使命相结合。” CN石油和化工副总裁巴克·罗杰斯说。

Collaborative Scope:

协作范围:

  1. The MOU formalizes a partnership to evaluate the feasibility of transporting at least 300,000 kilograms of mixed waste plastics and 2,000 barrels per day of liquid product via CN's rail network.
  2. The MOU includes the proposed construction of PlasCred's initial Maximus plant at CN's Scotford Yard. This plan is contingent on the progress and outcome of ongoing lease negotiations.
  3. CN will assist PlasCred to identify CN accessible rail origins for waste plastics. These sites may include CN operated transload or 3rd party accessible sites. Plascred will develop all or an amalgamation of the following offloading sites exclusively on CN:
  1. 谅解备忘录正式确定了合作伙伴关系,以评估通过CN的铁路网络运输至少300,000千克的混合废塑料和每天2,000桶液体产品的可行性。
  2. 谅解备忘录包括拟议在CN的斯科特福德船厂建造PlascRed的初始马克西姆斯工厂。该计划取决于正在进行的租赁谈判的进展和结果。
  3. CN将协助PlascRed确定可进入的废塑料铁路起运地。这些网站可能包括中国运营的转载网站或第三方可访问的网站。Plascred 将专门在 CN 上开发以下卸货场地的全部或合并:

a) Alberta Industrial Heartland
b) Greater Chicago Area
c) Gulf Coast, USA

a) 艾伯塔省工业中心地带
b) 大芝加哥地区
c) 美国墨西哥湾沿岸

This partnership CN is not just about transportation and upcycling; it's a bold statement in our fight against plastic waste. The Maximus plant, a cornerstone of this collaboration, is a testament to our innovative approach in promoting a circular economy. We are setting new standards in environmental stewardship, and with CN's support, we're poised to make a substantial impact." stated Troy Lupul, CEO of PlasCred.

CN的这种伙伴关系不仅涉及运输和升级再造;这是我们打击塑料废物的大胆声明。马克西姆斯工厂是此次合作的基石,证明了我们在促进循环经济方面的创新方法。我们正在制定新的环境管理标准,在CN的支持下,我们有望产生重大影响。” PlascRed首席执行官特洛伊·卢普尔说。

The alliance between PlasCred and CN underscores a shared vision for environmental sustainability. The proposed initial Maximus plant, once operational, is expected to play a pivotal role in reducing plastic waste and advancing the circular economy, aligning with global environmental goals.

PlascRed和CN之间的联盟凸显了环境可持续发展的共同愿景。拟建的马克西姆斯初始工厂一旦投入运营,预计将在减少塑料废物和推进循环经济方面发挥关键作用,与全球环境目标保持一致。

About CN

CN is a world-class transportation leader and trade enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. CN's network connects Canada's Eastern and Western coasts with the U.S. South through an 18,600-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.

关于 CN

CN是世界一流的运输领导者和贸易推动者。CN每年在北美安全运输超过3亿吨的自然资源、制成品和制成品,这对经济、客户及其所服务的社区至关重要。CN的网络通过18,600英里的铁路网络将加拿大的东西海岸与美国南部连接起来,自1919年以来,CN及其附属机构一直在为社区繁荣和可持续贸易做出贡献。CN致力于支持社会责任和环境管理的项目。

About PlasCred Circular Innovations Inc.

关于 PlascRed 循环创新公司

PlasCred is at the forefront of rebalancing the future of plastics. The company is transforming plastic waste by granting it a valuable second life. With a vision of advancing towards a climate-positive future, PlasCred aspires to be among the largest advanced plastic waste upcycler's in North America and globally. Their groundbreaking patent-pending technology is set to revolutionize the approach to plastic waste management and upcycling.

PlascRed 处于重新平衡塑料未来的最前沿。该公司正在通过赋予塑料废物宝贵的第二次生命来改造塑料废物。PlascRed 的愿景是朝着有利于气候的未来迈进,立志成为北美乃至全球最大的先进塑料废物升级回收商之一。他们正在申请专利的突破性技术将彻底改变塑料废物管理和升级回收的方法。

PlasCred is also developing strategic partnerships with CN Rail and Fibreco Export Inc., providing PlasCred with unparalleled logistics support across North America and globally for transportation and handling of plastic waste. Further information on PlasCred, see their YouTube channel and website located at and

PlascRed还与CN Rail和Fibreco Export Inc.建立战略合作伙伴关系,为PlascRed在北美和全球范围内提供无与伦比的塑料废物的运输和处理物流支持。有关 PlascRed 的更多信息,请访问他们的 YouTube 频道和网站,网址和

ON BEHALF OF THE BOARD

代表董事会

Troy Lupul - President & CEO

Troy Lupul-总裁兼首席执行官

Contact Information

联系信息

For more information please contact:

欲了解更多信息,请联系:

PlasCred Circular Innovations Inc.
Troy Lupul
+1 587-430-3004 - Email: IR@plascred.com

PlascRed 循环创新公司
特洛伊·卢普尔
+1 587-430-3004-电子邮件:IR@plascred.com

Forward-looking Statements

前瞻性陈述

This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance, or achievements that PlasCred anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking statements are based on assumptions, including expectations and assumptions concerning the metaverse and the Company's growth plan. While PlasCred considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on forward-looking statements. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; future legislative, tax and regulatory developments. Readers are cautioned that the foregoing list is not exhaustive and other risks set out in public disclosure recorded and filed under the Company's profile on . Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. For more information on the risk, uncertainties and assumptions that could cause anticipated opportunities and actual results to differ materially, please refer to the public filings of Plascred Circular Innovations Inc. which are available on SEDAR at .

本新闻稿包含某些陈述,根据适用的证券法,这些陈述可能构成前瞻性信息。除历史事实陈述外,所有涉及PlascRed预期或预期在未来(全部或部分)可能或将要发生的活动、事件、结果、发展、业绩或成就的陈述,均应被视为前瞻性信息。通常,但并非总是如此,前瞻性信息可以通过使用 “计划”、“期望”、“预期”、“预算”、“预期”、“估计”、“打算”、“预期” 或 “相信” 等词语或此类词语和短语的变体(包括负面变体)来识别,或以将来时形成的陈述,或表明某些行动、事件或结果 “可能”,“可能””、“将”、“可能” 或 “将”(或前述内容的其他变体)被采纳、发生、实现或实现。前瞻性陈述基于假设,包括对元宇宙和公司增长计划的预期和假设。尽管PlascRed认为这些假设是合理的,但根据目前可用的信息,它们可能会被证明是不正确的。提醒读者不要过分依赖前瞻性陈述。此外,前瞻性陈述必然涉及已知和未知的风险,包括但不限于与总体经济状况相关的风险;不利的行业事件;未来的立法、税收和监管发展。提醒读者,上述清单并非详尽无遗,公开披露中列出的其他风险在公司简介下记录和归档 。还提醒读者不要过分依赖前瞻性陈述,因为无法保证这些陈述所依据的计划、意图或预期会发生。尽管管理层在编制时认为此类信息是合理的,但可能被证明是不正确的,实际结果可能与预期的结果存在重大差异。有关可能导致预期机会和实际结果出现重大差异的风险、不确定性和假设的更多信息,请参阅Plascred Circular Innovations Inc.的公开文件,这些文件可在SEDAR上查阅

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect our expectations as of the date hereof, and thus are subject to change thereafter. PlasCred Circular Innovations Inc. disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as required by law.

本新闻稿中包含的前瞻性陈述受本警示声明的明确限制,反映了我们截至本新闻稿发布之日的预期,因此此后可能会发生变化。除非法律要求,否则PlascRed Circular Innovations Inc.不打算或义务更新或修改任何前瞻性陈述,无论是由于新信息、未来事件还是其他原因。

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

加拿大证券交易所(由CNSX Markets Inc.运营)既没有批准也没有拒绝本新闻稿的内容。

To view the source version of this press release, please visit

要查看本新闻稿的源版本,请访问

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