PyroGenesis signs $5.5 million waste destruction system order

Pyrogenesis will manufacture, commission and deliver the system

November 29, 2012
by Purchasing b2b staff

MONTREAL—PyroGenesis Canada Inc, an environmental solutions company that designs, develops and manufactures plasma waste-to-energy systems and plasma torch products, has secured a $5.5 million reorder for one of its plasma waste destruction systems. Due to confidentiality provisions, Pyrogenesis did not disclose the name of the customer or technical data related to the reorder.

As well, $2.1 million of the $5.5 million has been released and over the next 18 months, Pyrogenesis will manufacture, commission and deliver a plasma waste destruction system.

“Given the validation provided by this reorder, PyroGenesis’ technology, combined with recent unsolicited requests for quotation from municipalities as well as unsolicited interest from funds to finance such opportunities, PyroGenesis has decided to aggressively target the build-own-operate waste-to-energy municipal (high tonnage) waste treatment market,” says Peter Pascali, president and CEO of Pyrogenesis. “We are proud to introduce our successful waste to energy solutions to this market which has for some time been looking for a credible and reliable plasma based waste to energy solution.”