Rapid Growth for Colmax as Leading Glass Recycler Seeks Queensland Expansion

Innovative glass recycler Colmax Glass is looking to expand its Brisbane facility to take advantage of new infrastructure grants in Queensland.

Colmax, which has been rapidly expanding since its inception in 2005, is looking for new equity investors to help fund and share in its growth.

In addition to four plants in Australia, Colmax is also looking at expanding its operations overseas in suitable markets where resource recovery and sustainability for glass recycling is a growing sector.

In Queensland, there is a significant opportunity through the state’s Waste Infrastructure Grants, which can match any Coalmax investment in new equipment.

Colmax produces glass in a variety of colours and grain sizes through a unique and world leading technology, with the glass then sold directly to major manufacturers for a variety of products such as fiberglass insulation batts, glass bottles, road surface lane marketing, water filtration material and abrasives blasting media.

The company’s revenues have increased from around $250,000 in 2007 to just under $4 million last year, and are forecast to achieve $4.5 million in the 2011-12 financial year.

The company will present to investors, brokers and fund managers at the upcoming Wholesale Investor Capital Showcase in Brisbane on April 4.

To learn more about Colmax Glass Recyclers email collette@colmax.com.au, or alternatively, register on Wholesaleinvestor.com.au to learn more about their capital raising.

Meet the CEO of Colmax at the Wholesale Investor Capital Showcase

Event Details:

Date: Wednesday 4th of April, 2012

Time: 12.30pm to 4.30pm

Venue: PwC Offices, Brisbane Riverside

Cost: Registration is free. Limited places, register today

Catering: Drinks and canapés served throughout the afternoon

For information go to http://www.wholesaleinvestor.com.au/smallcapshowcase.php

Hear from renowned industry experts and sector authorities including:

Steve Baxter – Co-Founder of PIPE Networks, Advisory Board of ASX Listed Vocus Communications (ASX:VOC) and Active Investor

Mark Harvey – Partner of CM Capital

Scott Power – Senior Analyst of RBS Morgans

Glenn Cross – COO of AusBiotech

About Wholesale Investor

Wholesale Investor is Australia’s leading private investment platform showcasing Private, Pre-IPO and Life Sciences ASX Listed Opportunities to over 9200 High Net Worth, Professional and International investors.

About Colmax Glass

Colmax Glass has rapidly become Australia’s premier post-consumer glass recycler due to its ability to transform recycled glass waste into high-value products more cleanly and efficiently than any other company worldwide, earning Colmax numerous awards and grants.<br /><br />Major manufacturers use Colmax’s material to replace virgin content in a wide variety of high-value products ranging from glass bottles to reflective road surface markings, thereby reducing their costs and carbon impacts, increasing the recycled content of their products, and improving sustainability.