- PyroGenesis Canada (PYR) has been issued a new U.S. patent for its high power DC steam plasma torch system
- This high-power steam torch system is used in PyroGenesis’ SPARC™ technology
- The technology destroys end-of-life refrigerants that have high global warming potential
- PyroGenesis Canada is a high-tech company that designs, develops, manufactures, and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases
- PyroGenesis Canada Inc. (PYR) is up 0.60 per cent, trading at $5.07 per share
PyroGenesis Canada (PYR) has been issued a new U.S. patent for its high power DC steam plasma torch system.
The patent relates to the assembly of the steam plasma torch that uses superheated steam as the main plasma-forming gas, resulting in a highly reactive steam plasma plume.
This high-power steam torch system is used in PyroGenesis’ SPARC™ technology, a patented process designed to destroy ozone depleting substances
The technology destroys end-of-life (EOL) refrigerants like CFCs, HCFs, and HFCs, which have high global warming potential (GWP). EOL refrigerants are potent greenhouse gases with a GWP that can be thousands of times greater than carbon dioxide.
P. Peter Pascali, CEO and chair of PyroGenesis, commented on the newly patented system.
“This patent will provide intellectual property coverage and help us secure a leading position as we move forward in commercializing our SPARC™ technology worldwide,” he remarked.
“Our system,” added Mr. Pascali, “has the potential to reduce EOL refrigerants in a significant and efficient manner while at the same time generating a very low carbon footprint.”
PyroGenesis Canada is a high-tech company that designs, develops, manufactures, and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases.
PyroGenesis has created advanced plasma technologies that are being adopted by multiple multibillion-dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing.
PyroGenesis Canada Inc. (PYR) is up 0.60 per cent, trading at $5.07 per share as of 1:46 pm ET.
