bpn sustainability award, page-3

I say Egypt because of the comments in the Cairns Post and the PPY September Newsletter.

Ted Byrt said in the Cairns post (august 11):
"the next step is a factory with five cutting machines, to be built in Australia or Egypt,"

From the PPY September Newsletter:

"The immediate objectives of the Papyrus team
are to:
4. gearing up AAMC (The Australian Advanced Manufacturing Centre, a wholly owned subsidiary of Papyrus) for the manufacturing of plant and equipment for the supply to newly established factories in Australia and overseas
5. continue the investigation of opportunities for the Papyrus technology in Egypt for factories and Europe as a marketplace for product."

Also later in the newsletter:

"The Papyrus board has been actively investigating opportunities to license its technology in the European Union and in Egypt with Board members having met with various interested parties."

I am thinking this means that PPY is going to start building factories in Egypt. They mention licensing their technology, but who would take this risk with a company that hasn?t managed to get their one factory working yet?