Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.

TSX:PYR - Post by User

Pyrogenesis Canada Inc > Potential takeover target for PYR

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Comment by kingscorpionon Oct 14, 2020 9:15am

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Post# 31713006

RE:RE:Potential takeover target for PYR

vers1demainvert wrote: Peter did mention that acquisitions were part of his plans. Good find Midtownguy!

MidtownGuy wrote: Westinghouse Plasma quietly folded their tent a few weeks ago, with their assets being bought out of bankruptcy by a guy (Shyam Dighe, via a new entity Dighe Technologies) who co-founded Westinghouse Plasma back in 1999.

https://www.prnewswire.com/news-releases/dighe-technologies-buys-ip-assets-of-westinghouse-plasma-corp-301131830.html

Westinghouse Plasma has a Canadian connection, as it was previously a wholly-owned subsidiary of Alter NRG, from Calgary. Alter NRG was acquired by a Chinese holding company back in 2015.

Interesting, according to Wikipedia, of the only 5 current commercial plasma gasification for waste disposal projects operating in the world, PYR has one (the US Navy) and Alter NRG has another (in Wuhan China, of all places).

https://en.wikipedia.org/wiki/Plasma_gasification_commercialization

Now, Shyam Dighe the purchase of the remains of Westinghouse Plasma runs AquaSource Technologies, a company that uses plasma torches to treat wastewater, specifically in the shale mining industry but generally in oil and gas wastewater.

AquaSource has also figured out a way to use plasma torches in water desalination plants, with the output being the double commodity of fresh water and industrial grade salt.

According to his bio on the AquaSource Technogolies west site, Mr. Dighe, an engineer, has patents in both the US and Canada for plasma purposes. With him now holding the assts and IP of Westinghouse Plasma, he makes himself an interesting target, especially if he doesn't have the funds to commercialize the project the way PYR's money could.

Pretty interesting stuff, and a potential simpatico for PYR in my eyes.

This is a very interesting find i would suggest bring to Peters attention on Agoracom and see what he says before someone else snatches his patents or what ever is left of his company

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