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PyroGenesis Canada ( (TSE:PYR) ) just unveiled an announcement.
PyroGenesis Inc. announced that its subsidiary, Pyro Green-Gas Inc., has signed an additional $1.1 million contract with the Varennes Carbon Recycling plant, increasing its total contract value to $3.6 million. This new contract expands Pyro Green-Gas’ role in the biofuel project by providing engineering and technology services for a nitrogen loop system, aiming to enhance the quality of product gas and reduce greenhouse gas emissions. The Varennes project, backed by major corporate partners and government support, aims to significantly cut emissions by leveraging advanced technologies and renewable resources.
More about PyroGenesis Canada
PyroGenesis Inc. is a high-tech company focused on designing, developing, manufacturing, and commercializing advanced plasma processes and sustainable solutions aimed at reducing greenhouse gases and addressing environmental pollutants. Pyro Green-Gas Inc., a subsidiary of PyroGenesis, specializes in offering technologies, equipment, and expertise for biogas upgrading and air pollution reduction.
YTD Price Performance: -8.20%
Average Trading Volume: 69,703
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$103.1M
See more insights into PYR stock on TipRanks’ Stock Analysis page.
