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PyroGenesis - CEO, M. P. Peter Pascali.
CEO, M. P. Peter Pascali.
Source: PyroGenesis.
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  • Through one of its subsidiaries, PyroGenesis has been awarded a multi-million-dollar contract to supply a landfill biogas purification system
  • The contract is through the Montreal company’s subsidiary, Pyro Green-Gas
  • The deal with Carbonaxion Bioénergies is for its of GNR Neuville project
  • The contract has an expected value in excess of C$5 million and is expected to be fully commissioned in the first half of 2023
  • PyroGenesis is up 0.19 per cent, trading at $5.36 at 2:37 pm ET

Through one of its subsidiaries, PyroGenesis (PYR) has been awarded a multi-million-dollar contract to supply a landfill biogas purification system.

The contract is through the Montreal company’s subsidiary, Pyro Green-Gas.

The deal with Carbonaxion Bioénergies is for its of GNR Neuville project, being developed at the environmental complex of the Régie régionale de gestion des matières résiduelles de Portneuf in Quebec.

The Régie is a municipal organization that manages the residual materials of 24 municipalities.

The contract has an expected value in excess of C$5 million and is expected to be fully commissioned in the first half of 2023.

Carbonaxion Bioénergies previously entered into an agreement with The Régie to build, own and operate a landfill gas plant that will convert the waste from the Neuville landfill site into a renewable natural gas over the next 20 years.

The company then retained Pyro Green-Gas as the supplier of the biogas purification system.

The biogas purification unit at the Neuville site is expected to produce an average of 1.8 million cubic meters of biomethane per year, which will be injected into Energir’s gas network.

“PyroGenesis and AirScience Technologies are ideal partners for Carbonaxion as they share our vision to promote and integrate sustainable solutions, aimed at reducing GHGs and decarbonizing our economy. We look forward to deploying Pyro Green-Gas’s proprietary technologies that will not only significantly reduce GHGs, but will also transform an expense into a revenue stream for the municipalities concerned over the next 20 years,” said Carbonaxion Bioénergies President and Co-founder Réjean Carrier.

Pyro Green-Gas offers technologies, equipment, and expertise in the area of biogas upgrading, as well as air pollution controls.

PyroGenesis is up 0.19 per cent, trading at $5.36 at 2:37 pm ET.

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