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ETR – Entyr Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Entyr Ltd, formerly Pearl Global Limited, is an Australia-based tire processing company. The Company is focused on its thermal desorption technology to cleanly convert tires into valuable secondary products. The Company’s thermal desorption units (TDUs) convert shredded tires into oil, carbon char, non-condensable gas, and liberate the steel from the rubber. It has three TDUs operating across Queensland. Its technology operates from compact, portable units within a 40 foot iso-frame, the size of a shipping container, which can be transported to and operated at the source. The Company is also focused on development of its technology to process other waste products, including treated timber, contaminated soils and plastic bottles. Its subsidiaries include Pearl Global Management Pty Ltd, Australian Tyre Processors Pty Ltd, Citation Resources Operations Pty Ltd and Citation Resources Aus Pty Ltd.

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