Papyrus receives high commendations at Manufacturers' Monthly Endeavour Awards

MEDIA RELEASE 24 May 2010

Papyrus receives high commendations at Manufacturers' Monthly Endeavour Awards
Papyrus Australia, developer of a world-first technology that converts the waste trunk of the banana palm into alternatives to forest wood products, was recently awarded two high commendations at the Manufacturers' Monthly Endeavour Awards.

Papyrus was a finalist in both the Environmental Solution of the Year Award and the Australian Consumer/Trade Product of the Year Award and took home the High Commendation Award in both categories.

The Manufacturers' Monthly Endeavour Awards, held on 12 May in Sydney, recognised the essential role manufacturing plays in Australia's economy, rewarding industry leaders in their drive to 'best practice' manufacturing.

About Papyrus

The Papyrus technology takes banana tree trunks, an otherwise unused waste material, to produce alternatives to forest wood products such as paper and paperboard, wood based panels, veneer and other fibre products.

The process uses a renewable fibre source that is fully sustainable, does not contribute to the destruction of natural or purpose-planted forests and does not consume any chemicals or water during manufacture. The process also has significantly lower production costs when compared to traditional tree pulping technologies.

The Papyrus products are water-repellent, fire-retardant, are stronger and lighter than most conventional fibre materials and have a distinctive look and feel.

Papyrus' first processing plant is located in Walkamin, Far North Queensland. The factory is able to produce commercial quantities of fibreboard and veneer products which are currently exported to European veneer company 3W Tout Bois.

The Papyrus patent was granted in Australia in 2007 and the technology is patent-protected in many countries around the world.

More information on Papyrus is available at www.papyrusaustralia.com.au.

Released for Papyrus Australia by Dennis Rutzou Public Relations (www.drpr.com.au)
For further information please call Kim Larochelle or Gill Asbury on (02) 9413 4244.

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