Conporec expands its interests in Europe
23-NOV-2007
Conporec, a Canadian company specialized in mixed solid waste (MSW) and source-separated organics (SSO) recovery, is targeting admission on Alternext to access French and European capital markets, thus allowing its shareholders to benefit from the cash assets and protections offered by this market. Conporec is already listed on the TSX Venture Exchange in Toronto, Canada.
This eventual listing is part of the strategy to increase Conporec's presence in France through Conporec SAS, a French subsidiary incorporated four years ago for the Tournan-en-Brie request for proposal and now construction project. In the next months, Conporec SAS will initiate an ambitious market phase in the growing French waste recovery market.
Conporec offers communities an alternative to landfill sites and controlled dumping. Its patented sorting-composting technology can be used to reduce the total amount of waste sent to landfill sites by more than 70%. Moreover, with BiomaxTM patented technologies, it seeks to offer pioneering and efficient recovery technologies for various types of SSOs.
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