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Members' News

QPlas Pty Ltd – How Does it Work?

22 January, 2020, Posted By tvlchamber

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Townsville Chamber Member, Towers Business Development Pty Ltd, has completed a very interesting assignment for a new North Queensland company, QPlas Pty Ltd.

QPlas Pty Ltd intends to process thousands of tonnes of waste agricultural plastic sourced from farmers in the Lower Burdekin, Gumlu and Bowen, thus saving some of this plastic ending up on the Great Barrier Reef.

The agricultural plastic, combined with timber residue from African Mahogany trees privately grown in North Queensland by growers, members of the African Mahogany Processors Cooperative Ltd., forms a hard composite useful to many applications – from furniture to building material.

Towers, along with QPlas Pty Ltd, is presenting a series of Information Sessions next week:

  • Townsville – Wednesday 29 January 9:30am for 10am at Townsville RSL
  • Lower Burdekin – Thursday 30 January 9:30am for 10am at Ayr RSL
  • Bowen – Saturday 1 February 10am for 10.30am at 304 Richmond Road, Bowen

Contact Peter Towers on 4724 1118 for details or to book.

In this video (Click here) Peter Towers, Managing Director of Towers Business Development Pty Ltd discusses the concept of combining recycled agricultural plastics with hardwood waste from trees grown in North Queensland with Sandra Richards the Chairperson of QPlas Pty Ltd.

Towers Business Development’s work was in the preparation of a Business Plan, Budgets, Cashflow Forecasts, Projected Balance Sheets and Mentoring on the operations of Section 708 of the Corporations Act Capital Raising and Crowd Sourced Funding Equity Raising for a new North Queensland company known as QPlas Pty Ltd.

 

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In the wake of health advice regarding physical distancing and restriction on social gatherings, the Townsville Chamber is temporarily suspending its event calendar. The CBD Coffee of Thursday 2 April is suspended and we will resume outdoors networking events as soon as safe to do so. The Business Matters presentation by Townsville City Council on Tuesday 31 March at YWAM has been postponed. We are investigating other ways to deliver Business Matters information sessions and will advise in due course. We thank you for your understanding. Keep checking our website and social media pages for updated information on assistance for businesses. Dismiss