PyroGenesis Canada Inc., Montreal, a TSX Venture clean-tech company that designs, develops, manufactures and commercializes plasma waste to energy systems and plasma torch products, announces that it successfully completed the factory acceptance test of six plasma torches under its previously announced contract with an Asian-based client for the design, manufacture and delivery of a fully automated plasma torch system.
The testing was conducting at PyroGenesis’ facilities in Montreal in the presence of the client and provided for the completion of the second phase of the contract. The client’s name and origin remain confidential for competitive reasons.
This $2.2 million contract is for the delivery of a fully automated plasma torch system comprised of eight air plasma torches to be used at the client’s waste-to-energy plant in Asia. PyroGenesis has received full payment for this second phase of the contract, which includes the delivery of the remaining six plasma torches and accessory equipment, with shipment of these units to be expected by the end of the month.
During the visit, PyroGenesis was asked to support the system start-up at its client’s plant in Asia and to supply additional spare parts and consumables. Furthermore, the client expressed an immediate need for three new multi-torch systems, with delivery expected as early as next year.
“With increased urbanization in this part of the world, the need for sustainable waste management technologies is rapidly growing,” says P. Peter Pascali, president and CEO of PyroGenesis. “In our efforts to meet the exact requirements of the U.S. Navy, PyroGenesis succeeded in developing a robust, easy to-operate plasma torch with an electrode life amongst some of the longest in the industry, and it is my belief that our proprietary plasma torch will serve as the backbone for next generation waste-to-energy systems for hazardous, industrial and municipal solid waste worldwide. This order and the anticipated re-orders from our Client are but a first step in this evolution.”
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