PyroGenesis Inc T.PYR

New Press Release - PyroGenesis Announces Milestone Reached for Fumed Silica Reactor Project

Pilot Plant Construction Commences with Anticipated Q2 2024 Commissioning MONTREAL, Feb. 06, 2024 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures...read article.

[Mostlyserious]

Somewhat peripheral, but the way the breadth of uses is described I would have thought this would be a much bigger market than just over USD $1 B. Don't get me wrong, a profitable business could be built on capturing a small percentage with a right sized operation but it is not easy to get their in an established industry and the size of the market for this application sounds like not much

[StairwayTo]

  So PYR might get 10% of HPQ sales of fumed silica starting 2026 if successful with their pilot plant. At $3,000/ton, that could generate $15,000 of revenue for each 50tons produced per year for the first few years and hopfully generate $300,000 per year on 1000 tons sold by HPQ.

[Yajne]

Check your math Stairway....methinks you missed by a factor of 10 on both numbers

[Yajne]

Sorry, my bad...you were only referring to PYR's 10% take

[StairwayTo]

No problem Yajne,  I know it's not much, potentialy $300,000 revenue per year for PYR starting sometimes in 2026-2027 if the 50tpy pilot plant is successful.

[EtheGreat]

+ Rent (for Space) + Electricity -- No Free Lunch No Such Thing LoL