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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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

Post by MakeItRain1on Oct 22, 2020 5:32am
302 Views
Post# 31760533

This really is only the beginning

This really is only the beginning Induration/pelletizing is only the beginning and is PYR’s foot in the door being a direct bolt on replacement and a easier burner application to substitute without actually getting too deep into the process. Most kilns/furnaces are somewhat similar as it is a basic process. Once they get in the door they can get the specifics of other processes and develop solutions for their specific pelletization customers who in most cases are involved in other aspects of iron ore/steel production. As Peter has mentioned, he is targeting the low hanging fruit first. Who knows what they are already working on behind the scenes though. Pyr will be known as the premier R&D company for big industry as their track record is amazing. There is a reason oil burners have been used for so long, the type of heat transfer from flue gases was the best suited for many applications, pyr has something that mimics the desirable heat transfer characteristics without out all the negative drawbacks. I don’t know of any other tech that mimics combustion heat transfer the way a plasma torch does as the plasma gas acts the same as flue gas from combustion, pyr is the first to change industry in 100 plus years in that respect. This tech will continue to be applied to other burner applications as the word gets out and pyr builds its credibility with big industry. In a rapidly shifting industry/world, striving for “green”, pyr is positioned very very well. Moving to the Tsx and signing these initial contracts are really just the beginning of PYR's rise to greatness !!! Exciting times ahead !!
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