Contract is the third awarded to PyroGenesis in the past nine months within the oil and gas sector, all of which have been geared to novel plasma-based solutions
MONTREAL—PyroGenesis Canada Inc, an environmental solutions company that designs, develops and manufactures plasma waste-to-energy systems and plasma torch products, has been awarded a contract from a global oil and gas company. The contract will determine the cost benefit of integrating PyroGenesis’ plasma based technology within the client’s industrial operation. This is the third contract awarded to PyroGenesis in the past nine months within the oil and gas sector, all of which have been geared towards finding novel plasma-based solutions to problems.
“The incorporation of novel plasma-based technologies into the oil and gas sector is a long time in the making, and PyroGenesis is proud to be a leader in introducing the advantages of plasma into this multibillion dollar industry”, said Peter Pascali, president and CEO of PyroGenesis. “PyroGenesis is confident that a positive economic outcome from this contract, which will be completed in the next few months, will ultimately result in a full scale industrial plasma installation worth several million dollars.”
PyroGenesis also recently landed an order and re-order from the US Navy for a PyroGenesis plasma waste destruction system, the acceptance of PyroGenesis’ plasma waste-to-energy system by the US Air Force, the sale of PyroGenesis’ plasma waste-to-energy system in Europe, the introduction of a steam plasma system for the destruction of ozone depleting substances within the appliance recycling sector and the demonstration of advanced material production in the mining and metallurgical industry using plasma.