Egyptian Government Chooses Papyrus as Its Partner

Papyrus Australia Ltd is an Australia-based technology licensing company. The Company assists entities to establish banana plantation waste processing factories in locations worldwide where bananas are grown. The Company has created a chemical-free, mechanical process that converts banana plantation waste into commercial quantities of banana fiber pulp, fertilizer, food packaging and other consumable products. The Company operates two commercial-scale facilities in Egypt, including a processing plant converting banana waste into pulp and fertilizer and a separate facility converting pulp into food packaging products using fiber molding machines. It produces products from existing agricultural-waste, using a zero-waste process. It produces commercial quantities of biodegradable molded food packaging using off-the-shelf moulding machines. Its technology converts banana tree waste into useable products, such as liquid fertilizer and refined fiber.