Canadian Premium Sand Inc. (CPS) has initiated a Front End Engineering and Design (FEED) study for its proposed flat glass manufacturing facility and plans to conduct a non-brokered private placement based on receiving unsolicited interest from a U.S. institution.
The company has engaged CM Project Ing GmbH (CMP), a global expert and independent firm, to conduct its FEED study. CMP’s staff have extensive background and knowledge in glass technology, R&D, and plant operations, with an international track record of successful design and project management, CPS stated.
Utilizing a comprehensive engineering approach in its design process, CMP will explore avenues to achieve a high level of sustainability balanced with operational and capital efficiency generating an optimal design. The company has also engaged AECOM’s Winnipeg based team to assist with its environmental and regulatory applications process in support of the FEED study.
The outcome of the FEED study is expected to result in a facility design that will yield not only significant cost competitiveness but also a low-carbon advantage relative to international rivals.