Plasma Arc Destruction System for Canadian Fridge Recycling Firm
Montreal based plasma gasification waste to energy technology developer, PyroGenesis Canada (TSXV: PYR) has signed an agreement with a Canadian end-of-life refrigerator and freezer recycler to provide additional equipment and services (including onsite optimization) for its patented Steam Plasma Arc (SPARC) Destruction System for Ozone Depleting Substances (ODS). More Waste Management World Articles Is Waste Gasification Finally Coming of Age? Combined gasification and plasma project in UK receives planning permission Plasma Gasification Waste to Energy Project to Inject Gas to Grid in UK Second Plasma Gasification Plant for Teesside Following Government Deal Plasma Arc Destruction System for Canadian Fridge Recycling Firm Plasma Arc Recycling of Precious Metals Alter NRG to Supply 15 MW Plasma Gasification Waste to Energy Plant in China Deal to Accelerate Plasma Gasification & Fuel Cell Use in Thai Waste to Energy Plants As part of this agreement, PyroGenesis said that its unnamed Client will commercialise the SPARC technology on an exclusive basis within Canada. This agreement was said to be worth around $1.5 million and include several options for follow-on service contracts, all of which are expected to be executed within 2014. The technology developer explained that its SPARC system allows clients to safely destroy ozone-depleting substances (ODS), and can achieve 10x greater destruction efficiency as compared to current requirements. According to the company, the conservative estimates show that there are at least 25,000 tonnes per year of ODS that require destruction - representing over $100 million of business potential to PyroGenesis. "Our client intends to incorporate PyroGenesis' SPARC technology into its existing appliance recycling business,” explained Gillian Holcroft, executive vice president, of strategic alliances at PyroGenesis. “As part of this Agreement, PyroGenesis will also be the exclusive supplier of after-sales service and support,” she added. The bottom line P. Peter Pascali, president and CEO of PyroGenesis claimed that combined with the company’s continued success with traditional market sectors, its penetration into key markets such as Oil and Gas and Mining and Metallurgy, is yielding significant results. "With this agreement in place, and with only one week into the New Year, PyroGenesis' 2014 backlog already exceeds its 2013 revenues by more than 50% while maintaining our recently improved gross margins, as reflected in our most recent Q3 financial results and MD&A,” he said. A news report explaining the technology can be viewed below. [youtube:https://www.youtube.com/watch?v=tmYWFzquzPE| Read More VIDEO: The Role of Anaerobic Digestion Biogas Plants in the UK Following the recent granting of planning permissions for a 55,000 tpa biogas facility in Somerset, Bill Hubard, chairman of Tamar Energy, discusses the use of anaerobic digestion to turn food waste into energy. $305m Chinese Waste to Energy Acquisition Hong Kong based waste to energy firm, C&G Environmental Protection Holdings has reached a milestone in the proposed sale of its Chinese assets. Enzyme Discovery to Benefit Organic Waste to Biofuel Techniques A family of enzymes that can degrade hard to digest biowastes into its constituent sugars for use in the manufacture of biofuels has been discovered by researchers from the Department of Chemistry at York University.]