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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

Bullboard Posts
Post by analyst8on Sep 29, 2015 9:15am
95 Views
Post# 24144247

News Release ** Pyrogenesis files provisional patent **

News Release ** Pyrogenesis files provisional patent **

MONTREAL , Sept. 29, 2015 /CNW Telbec/ - PyroGenesis Canada Inc. (https://pyrogenesis.com) (PYR.V) (PYRNF), a TSX Venture 50® clean-tech company (the "Company" or "PyroGenesis") that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, announced today that it has filed a provisional patent for a one step process using plasma for producing high purity silicon from silica. The PUREVAPTM is a proprietary process that uses a plasma arc within a vacuum furnace to produce high purity, metallurgical grade silicon (MG-Si), solar grade silicon (UMG Si) and polysilicon from quartz.

"We expect this process to not only have strategic significance with respect to Silicon, but will allow PyroGenesis to further develop distinct plasma processes geared to refining other high grade and valuable metals as well", said Pierre Carabin , Director of Engineering of PyroGenesis. "Applying plasma to silica in this manner is another example of how PyroGenesis is finding high value niche markets for its plasma based processes."

"Advances in solar energy and electronic applications have made silicon a strategic material in the 21st century. The world consumption of silicon metal in 2014 alone exceeded US$ 6B " said P. Peter Pascali , President and CEO of PyroGenesis. "Therefore, there is a significant need to finding ways to reduce the cost of producing strategic materials and PyroGenesis' processes are poised to do just that."

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