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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. The Company 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, 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 Thinkbigsti69on Jun 02, 2021 9:59am
639 Views
Post# 33310081

PYR plasma torches will be replacing fossil fuel burners

PYR plasma torches will be replacing fossil fuel burners
Re: 3D printing technol
in response to 3D printing technol by Wheresjackbenny
posted on Jun 02, 2021 09:16AM
 
Hello Wheresjackbenny, 
 
Thanks for posting again.
 
I am more than happy to further provide clarification and speak to the recent announcements and developments disclosed by the Company with regards to its Additive Manufacturing (AM) NexGen™ powder production line. From what I perceived from your message, I am afraid you have misunderstood the connection between 1- the completion of the cutting edge NexGen™ production line, 2- the agreement with the tier one Global Aerospace Company for qualification of AM powders and 3- the successful installation of the state-of-the-art plasma torch production equipment in the new facility. 
 
We recently announced that we have started commercial powder production with our new cutting edge NexGen™ powder production, from which we shipped our first commercial samples of plasma atomized titanium powder. In addition, and in parallel, we are also in the process of having our plasma atomized powders qualified by a tier one global aerospace company to become an approved supplier.  
 
It is important to understand that the recent developments made for the Additive Manufacturing industry are unrelated to the installation of the of the plasma torch production equipment. As previously disclosed, having the plasma torch production in house will significantly reduce the manufacturing time of our plasma torches, thereby reducing delivery times while increasing profitability. This will further strengthen PyroGenesis’ offering in addressing the demand in various industries such as the iron ore pelletization industry, in which PyroGenesis’ plasma torches will be replacing fossil fuel burners.  This latter has nothing to do with the AM industry and PyroGenesis’ NexGen™ production line.
 
Hope this helps.
 
Rodayna Kafal on behalf of Peter
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