Progressive Planet Solutions Inc.
PLAN.V
Toronto Stock Exchange Ventures0.35
CAD
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Progressive Planet Solutions Inc.
PLAN.V
(Toronto Stock Exchange Ventures)
Recent
price
0.35
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
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- Progressive Planet Solutions Inc. is a Canadian manufacturer specializing in mineral-based products derived from diatomaceous earth, zeolite, and bentonite for agricultural, industrial, and consumer applications. The company operates strategic business units focused on developing sustainable, low-carbon, and carbon sequestering solutions, including revolutionary cement replacement products like PozGlass™, a glass-based supplementary cementitious material designed to reduce CO2 emissions and sequester carbon. Its diversified product portfolio encompasses poultry litter management products under the Activated Barn Fresh brand, glass blasting abrasives under Can Blast, low dust granular minerals as Can Dry for liquid spill absorption, insecticide powders under DE-CIDE and LAST CRAWL, odor control materials under Fresh Coop, zeolite soil conditioners under Green Patch, animal feed additives under Red Lake Earth, absorbents and deodorizers under Stall DRY for various animals, cat litters under Wundercat, and ice melt products under Diamond Glacier. The company’s products are sold in over 10,000 retail locations across North America. Founded in 2006 and headquartered in Kamloops, British Columbia, Progressive Planet also owns and operates mineral mines in Canada, including the Red Lake Mine and Bud Bentonite Clay Mine. In recent major developments, Progressive Planet has advanced its low-carbon cement replacement initiatives, including the launch of Gladiator SCM cement products and patent-pending PozGlass™ 100G, with proven high compressive strength and CO2 sequestration capabilities. The company secured up to $4.6 million in non-dilutive funding from Sustainable Development Technology Canada (SDTC) to build a pilot plant for PozGlass, along with grants from British Columbia’s Innovative Clean Energy Fund and energy efficiency incentives from FortisBC. In 2025, it signed a licensing deal with an international sorbent company to commercialize a lightweight litter recipe, further expanding its agricultural product offerings. Operational strategies include leveraging research and development efficiently with vertically integrated manufacturing processes and shifting towards higher-margin low-carbon solutions. Progressive Planet reported profitability improvements and continues to focus on expanding commercialization of its sustainable cement and agricultural products across North America. This comprehensive product and innovation strategy positions Progressive Planet as a leader in developing environmental stewardship solutions across construction, agriculture, and animal health sectors. The company trades on the TSX Venture Exchange under the ticker PLAN and on OTCQB as ASHXF.