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The latest announcement is out from PyroGenesis Canada ( (TSE:PYR) ).
PyroGenesis has secured a $725,000 contract through its subsidiary, Pyro Green-Gas Inc., with a global environmental services company for a large U.S. waste-to-renewable gas facility. This contract, which complements a previous $2.5 million deal, involves the engineering, design, fabrication, and delivery of components for biogas cleaning and purification, aimed at producing pipeline-quality natural gas for a major U.S. city. This agreement reinforces PyroGenesis’s role in sustainable technology solutions, contributing to energy grid expansion and environmental improvement by controlling hazardous pollutants. The project is part of Pyro Green-Gas’s efforts in renewable natural gas production and aligns with their broader strategy in emissions reduction and energy transition.
More about PyroGenesis Canada
PyroGenesis Inc. is a high-tech company that designs, develops, manufactures, and commercializes advanced plasma processes and sustainable solutions aimed at reducing greenhouse gases and addressing environmental pollutants. The company operates in several massive markets, including iron ore pelletization, aluminum, waste management, and additive manufacturing. Pyro Green-Gas Inc., a subsidiary, specializes in technologies for biogas upgrading and air pollution controls, offering solutions such as gas upgrading systems, pyrolysis-gas purification, and landfill gas flares.
YTD Price Performance: 3.28%
Average Trading Volume: 69,046
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$116M
For a thorough assessment of PYR stock, go to TipRanks’ Stock Analysis page.
