PyroGenesis Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

PyroGenesis Inc., formerly 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 (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.

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PyroGenesis Inc > New Press Release - Pyro Green-Gas Signs Contracts Totaling $1.3 Million with Global Steel Company to Desulphurize Coke Oven Gas

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Comment by BCONTVentureson May 23, 2024 12:22pm

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Post# 36054151

RE:RE:New Press Release - Pyro Green-Gas Signs Contracts Totaling $1.3 Million with Global Steel Company to Desulphurize Coke Oven Gas

Today’s news release (NR) Client definitely looks to be India’s JWS Group ($24 Billion in revenues in 2023) as PyroGenesis (Pyro Green-Gas) is already doing business with TATA Steel (in India).

https://www.jsw.in/

From the NR: The client, with 2023 revenues exceeding US$20 billion, is one of the largest steelmakers in India and is now the second billion-dollar client that Pyro Green-Gas is doing business with in India. The client’s name is being withheld for competitive reasons.

BCONTVentures wrote: Excellent work by PyroGenesis! PYR continues to execute the items from their Outlook section.

From the NR: “This announcement highlights our organization’s continued commitment to providing sustainable solutions for heavy industry, this time via our wholly-owned subsidiary’s coke oven gas cleaning and purification solution”.

and

“These contracts underscore once again, our strategic focus on addressing the emission reduction needs of large-scale industrial sectors. Given the size and breadth of the industry’s emission reduction requirements, steelmaking is a primary focus/target area for such advancements. By leveraging factory-ready technologies, our goal is to become a world leader in facilitating heavy-industry’s transition towards more environmentally friendly practices while at the same time recognizing their unique operational requirements.”