PlasCred Circular Innovations Inc. Engages Financial Advisor to Lead Neos Facility Capital Raise

Calgary, Alberta--(Newsfile Corp. - October 7, 2025) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) (the "Company" or "PlasCred"), an Alberta-based clean technology company focused on advanced plastic recycling, is pleased to announce it has engaged PricewaterhouseCoopers Corporate Finance Inc. as financial advisor for PlasCred's first commercial-scale facility advanced recycling facility, Neos, in Fort Saskatchewan, Alberta.

Neos will convert 100 tonnes per day of mixed, hard-to-recycle plastic waste, equivalent to diverting approximately 36,500 metric tonnes of plastic waste from landfills each year, into PlasCred Circular Condensate™ ("Condensate"), a low-sulphur circular naphtha used in the production of virgin plastic. This output will eliminate an estimated 51,000 tonnes of CO₂e annually, based on lifecycle modeling of diverted plastic waste and avoided virgin fossil production.

The facility's proprietary, patent-pending dual catalytic pyrolysis system has been developed and piloted entirely in Canada, validated through over two years of continuous operation at PlasCred's Primus pilot facility. Neos will also leverage Palantir Foundry, an industrial AI data platform, to provide real-time visibility across feedstock supply, production performance, and environmental impact. This integration will enable auditable lifecycle assessments, support plastic credit tracking, and optimise logistics, reinforcing PlasCred's ability to deliver measurable environmental outcomes and operational excellence from day one.

The project is strategically located at CN Rail's Scotford Yard in Alberta's Industrial Heartland, a premier hydrocarbon-processing hub with enclosed industrial buildings, a 200-car siding, existing utilities, and direct Class I rail connectivity. This integration ensures reliable inbound feedstock logistics and seamless outbound product shipments. Neos is the commercial proof point for PlasCred's proposed scale-up strategy, providing the operational and market platform for Maximus, the Company's industrial-scale expansion that will be co-located at the same Scotford site. Maximus is designed to process up to 2,000 tonnes per day and produce up to 10,000 barrels per day of condensate. PlasCred has also identified additional locations in North America for future facilities, positioning the Company to replicate its model in other key markets and build a long-term growth pipeline.