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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology
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

Pyrogenesis Canada Inc
Bullboard Posts
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(261)
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Post by FanDuChon Apr 30, 2018 11:16pm
170 Views
Post# 27962441

2 new units

2 new units
https://globenewswire.com/news-release/2018/04/30/1490425/0/en/PyroGenesis-Announces-2017-Results-Revenues-Increase-38-Gross-Margins-Increase-to-44-Gross-Profit-Increases-258-EBITDA-Mod-Improves-22-Year-Over-Year-Current-Backlog-7-2MM-Pipeline.html

Given the level of activity, and the prospect of significant orders in the near term, management decided to order the long lead items for two powder production systems, both of which should be fully operational by the end of July 2018. These new powder production units will incorporate some of the cutting-edge IP that has recently been developed and/or is in development. We expect these units will cost significantly less to manufacture, generate higher production rates, and provide greater control over particle size distributions.
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