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PyroGenesis Improves Fumed Silica Quality, Purity, and Consistency Across Multiple Production Cycles
Globenewswire· 2025-07-08 11:00
Core Viewpoint - PyroGenesis Inc. has achieved significant advancements in the fumed silica reactor project, resulting in improved material quality, purity, and consistency, verified by a leading global fumed silica manufacturer [1][3]. Group 1: Project Developments - The latest upgrades to the fumed silica reactor (FSR) have led to a reduction in impurities by up to 86% and a reduction in carbon presence by an additional 85% [3]. - The FSR has successfully maintained consistent product properties across multiple production cycles and increased the surface area of fumed silica by 57%, which is crucial for various applications [3][4]. - PyroGenesis holds a 50% interest in HPQ Polvere Inc. and has an exclusive arrangement to supply equipment for the commercialization of the new fumed silica process [1]. Group 2: Market Applications - Fumed silica is widely used in numerous products, including personal care items, pharmaceuticals, and construction materials, serving as a thickening and anti-caking agent [5]. - The company aims to optimize the FSR system to produce various grades of fumed silica tailored for specific market segments, including food and pharmaceuticals [4][10]. Group 3: Competitive Advantage - The FSR process uniquely eliminates hydrochloric acid (HCl) as a byproduct, leading to cost savings compared to conventional production methods [9]. - PyroGenesis is positioned within a three-vertical solution ecosystem that focuses on commodity security, energy transition, and emission reduction, enhancing its competitive edge in advanced material production [10][11].
PyroGenesis Reports Voting Results from 2025 Annual Meeting of Shareholders
Globenewswire· 2025-06-27 22:00
Core Points - PyroGenesis Inc. held its annual meeting of shareholders on June 26, 2025, in a virtual format, with approximately 38% of the issued and outstanding common shares represented [1][2] - All nominees for election as directors were successfully elected, with voting results showing high approval rates, ranging from 99.71% to 99.83% for each nominee [2] - Shareholders also approved the reappointment of Raymond Chabot Grant Thornton LLP as the auditor of PyroGenesis [2] Company Overview - PyroGenesis Inc. is a high-tech company specializing in the design, development, manufacture, and commercialization of all-electric plasma processes and sustainable solutions aimed at reducing greenhouse gas emissions and supporting energy transition in heavy industries [1][4] - The company has developed proprietary and patented plasma technologies that are being adopted by major industry players in sectors such as iron ore pelletization, aluminum, waste management, and additive manufacturing [4] - PyroGenesis operates out of Montreal with certified manufacturing facilities and maintains a competitive edge through continuous technology development [4]
PyroGenesis Announces Extension to Term of Warrants
Globenewswire· 2025-06-09 13:53
Core Points - PyroGenesis Inc. announced amendments to up to 1,581,250 common share purchase warrants, extending the expiration date from July 22, 2025, to November 18, 2025, for holders wishing to participate in the proposal [1] - The exercise price of the Warrants remains at $1.20, and the amendments are subject to finalization with the applicable holders [1][2] - The company has received approval for these amendments from the Toronto Stock Exchange, and the net proceeds from the exercise of the Warrants will be used for general corporate purposes [2] Company Overview - PyroGenesis is a high-tech company specializing in advanced plasma processes and sustainable solutions aimed at reducing greenhouse gas emissions and providing alternatives to conventional processes [3] - The company has developed proprietary plasma technologies that are being adopted by major industry players in sectors such as iron ore pelletization, aluminum, waste management, and additive manufacturing [3] - PyroGenesis operates ISO 9001:2015 and AS9100D certified facilities in Montreal, maintaining a competitive edge in technology development and commercialization [3]
PyroGenesis Confirms Successful Collection of Material from Fumed Silica Pilot Plant Baghouse
Globenewswire· 2025-05-15 11:30
Core Viewpoint - PyroGenesis Inc. has successfully retrieved material assumed to be fumed silica from the Fumed Silica Reactor pilot plant, which has been sent to a third-party laboratory for analysis, marking a significant milestone in the development of advanced material production techniques [1][5][4]. Group 1: Company Developments - The material produced during the latest phase of system testing has been collected from the baghouse, indicating progress in the pilot plant's operation [1][4]. - The analysis from the third-party lab is expected to confirm the assumptions regarding the material's quality and the presence of any impurities [4][5]. - The pilot plant has successfully transitioned from lab-scale tests to pilot-scale testing, focusing on validating equipment scale-up and replicating product quality [3][4]. Group 2: Industry Context - Fumed silica is a widely used industrial material found in various products, including personal care items, pharmaceuticals, and construction materials, serving as a thickening and anti-caking agent [6]. - PyroGenesis' development of fumed silica aligns with its three-vertical solution ecosystem, which includes Commodity Security & Optimization, Energy Transition and Emission Reduction, and Waste Remediation [7]. - The company's proprietary plasma technologies are being adopted by major industry players across multiple sectors, including iron ore pelletization and additive manufacturing [8].
PyroGenesis Schedules First Quarter 2025 Financial Results and Business Update Conference Call
Globenewswire· 2025-05-09 11:30
Core Viewpoint - PyroGenesis Inc. is set to host a conference call on May 14, 2025, to discuss its financial results for Q1 2025 and provide updates on company progress and developments [1]. Company Overview - PyroGenesis is a high-tech company specializing in advanced all-electric plasma processes and sustainable solutions aimed at supporting heavy industries in energy transition, emission reduction, commodity security, and waste remediation [1][3]. - The company has developed proprietary and patented plasma technologies that are being adopted by major industry players in four key markets: iron ore pelletization, aluminum, waste management, and additive manufacturing [3]. - PyroGenesis operates from its Montreal office and has manufacturing facilities of 3,800 m² and 2,940 m², maintaining a competitive edge through continuous technology development and commercialization [3]. - The company is ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997 [3]. - PyroGenesis' shares are publicly traded on the TSX (TSX: PYR), OTCQX (OTCQX: PYRGF), and Frankfurt Stock Exchange (FRA: 8PY1) [3].