PyroGenesis Inc T.PYR

Alternate Symbol(s): PYRGF

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 > Previously announced?? Congratulations anyway

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Comment by TOCKY8008on Dec 03, 2024 11:50am

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RE:Previously announced?? Congratulations anyway

Toppert1,

Spreading , misdirections, and half truths again.
Same old BatarnackTop!.

Here are some of the important facts and truths :

2023 Sept 12

PyroGenesis Signs $2.25 Million Plasma Torch Contract for PFAS Removal

"...pleased to announce the signing of a contract valued at US $1.65 million (approximately CA $2.25 million) (the “Contract”) from a U.S. corporation (the “Client”) geared to destroy Perfluoroalkyl and Polyfluoroalkyl Substances (“PFAS”) on behalf of a large operator of public water systems."
...

"However, as a result of renewed interest from the project principles, and upon developing a different approach, the Client re-engaged with PyroGenesis..."
"...As disappointing as it was to suspend our participation in the previous iteration of this project, we are happy that discussions have since developed that enable us to showcase PyroGenesis’ plasma torch capabilities"

2022 Oct 12

Oct 2022 Negotiation for system to destroy PFAS contract has been suspended and discontinued.

“This decision was made because we remained firm in our decision to not compromise nor hand over, to the Client, the intellectual property (IP) which we would have developed in Phase 1,” said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “Furthermore, after continuous negotiations, it became clear that there was no guarantee that we would be granted Phase 2. Essentially, if we agreed to the Client’s demand, all the IP we developed in Phase 1 could be used by someone else in Phase 2."

Wasn't it a good reason to terminate/suspend ?

And NOW a year after the properly agreed upon signed contract, the system is delivered and operational.

Theshare, how's that for sh.t management.

CONGRADULATION indeed.

TOCKY8008

Toppert1 wrote: This contract was first announced more than three years ago:

"PyroGenesis previously announced its involvement(Press Release dated October 28, 2021) in this very same project before subsequently suspending and discontinuing discussions (Press Release dated October 7, 2022) as, at the time, the project did not align with the minimum requirements of the Company’s global strategy. ..."

Now, three years later, they've announced they've completed it and it works.

Congratulations