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PyroGenesis Canada Inc
Symbol PYR
Shares Issued 170,140,795
Close 2022-01-27 C$ 3.11
Recent Sedar Documents

Progressive hires PyroGenesis for PozGlass studies

2022-01-27 11:00 ET - News Release

See News Release (C-PLAN) Progressive Planet Solutions Inc (2)

An anonymous director of Progressive Planet Solutions Inc. reports

PROGRESSIVE PLANET ENGAGES PYROGENESIS CANADA INC FOR POZGLASS 100G SCM OPTIMIZATION FEASIBILITY STUDIES

Progressive Planet Solutions Inc. has engaged PyroGenesis Canada Inc. to develop and lead feasibility studies for the production of nanoparticles from postconsumer glass and the production of amorphous silica derived from high-grade silica.

PyroGenesis and Progressive Planet will collaborate to determine the feasibility of producing postconsumer glass nanoparticles. Having recently announced the successful testing of PozGlass 100G SCM made from 100 per cent recycled glass, the company believes investigating the use of even smaller-sized postconsumer glass nanoparticles (with significantly greater particle surface area, thus increasing chemical reactivity) could emerge as a desirable and highly reactive eco-conscious cementitious additive to further boost the performance characteristics of concrete.

Additionally, the process of transforming high-grade silica into amorphous silica will be explored. Silica is the second most common element found in the earth's crust. The objective is to determine whether silica can be transformed for use as a new supplementary cementing material (SCM) with the long-term goal of replacing fly ash in cement mixes. No further details on the proposed project scope will be disclosed to protect trade secrets, including potential patentable intellectual property.

"PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization," states P. Peter Pascali, chief executive officer of PyroGenesis. "We are excited to collaborate on a novel product that is focused on such an important need for an industry we are not currently in."

PyroGenesis will receive $352,682 for feasibility study services, with both projects to be completed during 2022.

Progressive Planet is also receiving advisory services and funding of up to $150,000 through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). This funding helps to support the company's research and development to optimize PozGlass SCM and furthers the company's path to commercialization of economic and eco-friendly micronized minerals to replace Portland cement and fly ash in the production of concrete.

About PyroGenesis Canada Inc.

PyroGenesis Canada, a high-tech company, is a leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional "dirty" processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion-dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800-square-metre and 2,940-square-metre manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997.

About Progressive Planet Solutions Inc.

Progressive Planet is an emerging company providing innovative circular solutions and earth-friendly micronized minerals that naturally unlock sustainability benefits across the construction and agriculture industries. Tapping into the earth's inherent binding powers and properties, Progressive Planet Solutions is developing and scaling a portfolio of proprietary solutions to help the company's customers build, grow and operate more responsibly.

Progressive Planet Solutions continues work on creating supplementary cementing materials with a focus on minimizing the carbon footprint of the SCMs the company creates; utilizing waste materials, where possible, to create the most sustainable SCMs; and sequestering carbon dioxide (CO2) in SCMs to address climate change. Progressive Planet Solutions' research team has begun exploring the opportunity to utilize the legacy CO2 stream generated by APL's natural gas rotary kiln dryer in operation in Kamloops.

Progressive Planet Solutions' operations currently include:

  • A comminution facility in Spallumcheen, B.C., which is currently producing micronized minerals used by farmers in lieu of chemical fertilizers to promote healthy soils without the addition of chemicals;
  • A research lab in Calgary, Alta., focused on creating SCMs and associated technologies to sequester CO2 in concrete;
  • Three natural pozzolan properties in B.C., including the company's flagship Z1 natural pozzolan quarry in Cache Creek, B.C., and the company's two pozzolan properties under development, the Z2 natural pozzolan property near Falkland and the Heffley Creek metals and natural pozzolan property.

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