PyroGenesis Canada ( (TSE:PYR) ) just unveiled an update.
PyroGenesis has announced a significant milestone in the operation of its fumed silica reactor pilot plant, achieving successful week-long production of the first batch of materials. This development marks a 20-fold scale-up from lab-scale production, aiming to innovate the traditionally fossil-fuel-intensive fumed silica industry by utilizing a plasma-based process that eliminates carbon emissions. The company is working with HPQ Silica Polvere Inc. and plans to optimize the process further to ensure consistent and high-quality production, potentially setting a new standard for sustainable fumed silica production.
More about PyroGenesis Canada
PyroGenesis Inc. is a high-tech company that designs, develops, manufactures, and commercializes all-electric plasma processes and sustainable solutions. The company focuses on supporting heavy industry in energy transition, emission reduction, commodity security, and waste remediation efforts.
Average Trading Volume: 69,076
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$112.3M
See more data about PYR stock on TipRanks’ Stock Analysis page.