MONTREAL, Sept. 29, 2015 /CNW Telbec/ - PyroGenesis
Canada Inc. (http://pyrogenesis.com) (TSXV: PYR) (OTCQB:
PYRNF), a TSX Venture 50® clean-tech company (the "Company" or
"PyroGenesis") that designs, develops, manufactures and
commercializes plasma waste-to-energy systems and plasma torch
products, announced today that it has filed a provisional patent
for a one step process using plasma for producing high purity
silicon from silica. The PUREVAPTM is a proprietary
process that uses a plasma arc within a vacuum furnace to produce
high purity, metallurgical grade silicon (MG-Si), solar grade
silicon (UMG Si) and polysilicon from quartz.
"We expect this process to not only have strategic significance
with respect to Silicon, but will allow PyroGenesis to further
develop distinct plasma processes geared to refining other high
grade and valuable metals as well", said Pierre Carabin, Director of Engineering of
PyroGenesis. "Applying plasma to silica in this manner is another
example of how PyroGenesis is finding high value niche markets for
its plasma based processes."
"Advances in solar energy and electronic applications have made
silicon a strategic material in the 21st century. The world
consumption of silicon metal in 2014 alone exceeded US$ 6B" said P. Peter
Pascali, President and CEO of PyroGenesis. "Therefore, there
is a significant need to finding ways to reduce the cost of
producing strategic materials and PyroGenesis' processes are poised
to do just that."
About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., a TSX Venture 50® clean-tech company,
is the world leader in the design, development, manufacture and
commercialization of advanced plasma processes. We provide
engineering and manufacturing expertise, cutting-edge contract
research, as well as turnkey process equipment packages to the
defense, metallurgical, mining, advanced materials (including 3D
printing), oil & gas, and environmental industries. With a team
of experienced engineers, scientists and technicians working out of
our Montreal office and our 3,800
m2 manufacturing facility, PyroGenesis maintains its
competitive advantage by remaining at the forefront of technology
development and commercialization. Our core competencies allow
PyroGenesis to lead the way in providing innovative plasma torches,
plasma waste processes, high-temperature metallurgical processes,
and engineering services to the global marketplace. Our operations
are ISO 9001:2008 certified, and have been since 1997. PyroGenesis
is a publicly-traded Canadian company on the TSX Venture Exchange
(Ticker Symbol: PYR) and on the OTCQB Marketplace (Ticker Symbol:
PYRNF). For more information, please visit www.pyrogenesis.com
This press release contains certain forward-looking
statements, including, without limitation, statements containing
the words "may", "plan", "will", "estimate", "continue",
"anticipate", "intend", "expect", "in the process" and other
similar expressions which constitute "forward-looking information"
within the meaning of applicable securities laws. Forward-looking
statements reflect the Company's current expectation and
assumptions, and are subject to a number of risks and uncertainties
that could cause actual results to differ materially from those
anticipated. These forward-looking statements involve risks and
uncertainties including, but not limited to, our expectations
regarding the acceptance of our products by the market, our
strategy to develop new products and enhance the capabilities of
existing products, our strategy with respect to research and
development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Company with respect to future events and are subject to certain
risks and uncertainties and other risks detailed from time-to-time
in the Company's ongoing filings with the securities regulatory
authorities, which filings can be found at
www.sedar.com, or at www.otcmarkets.com. Actual results,
events, and performance may differ materially. Readers are
cautioned not to place undue reliance on these forward-looking
statements. The Company undertakes no obligation to publicly update
or revise any forward-looking statements either as a result of new
information, future events or otherwise, except as required by
applicable securities laws.
Neither the TSX Venture Exchange, its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) nor the OTCQB accepts responsibility for the
adequacy or accuracy of this press release.
SOURCE PyroGenesis Canada Inc.