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Bullboard - Stock Discussion Forum 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... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Induration furnace replacement
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Post by damnyourugly on Jan 31, 2021 11:11pm

Induration furnace replacement

I'm curious to know at what stage of their expected life span the furnaces in the various plants of clients A, B and C are at. It makes sense to me that since the companies have already sunk costs into the purchase and installation of these furnaces that they would continue to use them until they've reached the end of their usable life cycle. I know a furnace in a house has a life span of about 20 to 30 years. These induration furnaces run at much higher temperatures than the ones in our home and probably get a lot more use. I read one article that the inner lining has an average life span of 4.3 years. I didn't do enough research to see if that's something that can just be repaired or replaced and at what cost. Maybe someone here would know. Anyways, I know that they would start reducing carbon taxes and ghg emissions immediately with plasma torch replacement but why fix something that ain't broke. I imagine odds are some of those furnaces need to be replaced soon and what better time to switch over to plasma.
Comment by Aarman4 on Jan 31, 2021 11:56pm
You were right when you mentioned the carbon taxes....  First, there are the carbon taxes as a direct cost, and then there is the cost of NOT being "carbon free" in the future. Banks are beginning to lend at higher rated for companies that use GHG's, and having the lowest embodied carbon in your product is actually a selling point, as well as a promotional thing(Who ever ...more  
Comment by rummager on Feb 01, 2021 6:45am
I don't know how much these induration units have changed since I worked on them more than 30 years ago. The unit itself  has a life span of about 30 years operating as it does in an extremely dry environment - workers were encouraged to consume salt tablets to retain body fluids! The refractory material - the inner lining - is replaced periodically, about  5 year intervals.
Comment by Aarman4 on Feb 01, 2021 12:24pm
If you head to agoracom, you will see the answer is about the same for the plasma torches, as I had asked Peter about t that exact thing previously. Cheers!
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