Added to YB: 2026-07-17
Pitch date: 2026-07-15
PLAS.CN [bullish]
PlasCred Circular Innovations Inc.
-3.64%
current return
Author Info
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Company Info
PlasCred Circular Innovations Inc. focuses on the recycling plastic waste materials in Canada. It operates PlasCred Process that transforms unsorted waste plastic into clean renewable green condensate; and PlasCred Primus that transforms plastic waste into a liquid state.
Market Cap
CAD 36.7M
Pitch Price
CAD 0.28
Price Target
N/A
Dividend
N/A
EV/EBITDA
-30.62
P/E
-13.64
EV/Sales
N/A
Sector
Commercial Services and Supplies
Category
growth
Spicy #3: Cracking for Condensate ($PLAS.CN)
PLAS.CN: Mixed-plastic pyrolysis at 350C/10psi (vs 500C+ peers), producing condensate at $34/bbl opex, 72% GM on $120/bbl Trafigura 5yr offtake for 2,000 bbl/d. Circular Materials feedstock deal. CN Rail partner. Neos plant: $11M EBITDA/$25M capex, 77% IRR. Path to $200M+ EBITDA by 2033, 100x FD mcap. C$25M vs Aduro C$676M. Key risk: 250x scale-up from pilot; if Neos fails, worth zero.
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