tremendous achievement “This is a tremendous achievement for PyroGenesis, and another testament to our 25+ years of expertise in plasma-based processes,” said Mr. Pierre Carabin, CTO and Chief Strategist of PyroGenesis. “The conventional ZCE process, water electrolysis, is extremely expensive, requires a lot of energy and uses rare earth materials. As such, our announcement today is of great significance to the industry as a whole, as it is a significant step towards economically producing an environmentally friendly hydrogen. The demand for hydrogen reached an estimated 87 million metric tons (MT) in 2020 and is expected to grow to 500–680 million MT by 2050.2 Hydrogen supply is now a major business worldwide and we are on our way to positioning PyroGenesis to play an important role in the movement towards a sustainable and net-zero world. The next step is to convert this bench test into a pilot unit which would demonstrate the reliability, efficiency, and consistency of the hydrogen and solid carbon produced.”