PyroGenesis Signs $600,000 Contract Targeting Plastic Waste Management Problem in Europe
PyroGenesis (OTCQX: PYRGF) has secured a €379,000 (CA$600,000) contract with a major European environmental services company to develop solutions for plastic waste management. The unnamed client operates over 100 waste treatment facilities across Europe, where plastic waste management is a critical issue with only 27% of 32 million tonnes being recycled annually.
The project focuses on engineering and testing an advanced waste management solution using PyroGenesis' high-temperature plasma gasification technology to address both non-recyclable plastics and hazardous liquid waste. This marks the third collaboration with this client, following previous projects in renewable natural gas emissions and biogas production infrastructure.
The initiative is particularly significant given the EU's €800 per tonne levy on non-recycled plastic packaging waste and additional member state penalties of up to €40 per tonne for waste incineration and landfilling.
PyroGenesis (OTCQX: PYRGF) ha ottenuto un contratto da €379.000 (CA$600.000) con una importante azienda europea di servizi ambientali per sviluppare soluzioni nella gestione dei rifiuti plastici. Il cliente, che preferisce rimanere anonimo, gestisce oltre 100 impianti di trattamento dei rifiuti in tutta Europa, dove la gestione della plastica rappresenta una sfida cruciale, con solo il 27% di 32 milioni di tonnellate riciclato ogni anno.
Il progetto si concentra sull'ingegneria e la sperimentazione di una soluzione avanzata per la gestione dei rifiuti utilizzando la tecnologia di gassificazione al plasma ad alta temperatura di PyroGenesis, per trattare sia le plastiche non riciclabili sia i rifiuti liquidi pericolosi. Questa è la terza collaborazione con questo cliente, dopo progetti precedenti riguardanti le emissioni di gas naturale rinnovabile e le infrastrutture per la produzione di biogas.
L'iniziativa assume particolare importanza considerando la tassa di €800 per tonnellata imposta dall'UE sui rifiuti di imballaggi plastici non riciclati e le ulteriori sanzioni fino a €40 per tonnellata imposte da alcuni stati membri per l'incenerimento e la discarica dei rifiuti.
PyroGenesis (OTCQX: PYRGF) ha asegurado un contrato de €379,000 (CA$600,000) con una importante empresa europea de servicios ambientales para desarrollar soluciones en la gestión de residuos plásticos. El cliente, que permanece anónimo, opera más de 100 instalaciones de tratamiento de residuos en toda Europa, donde la gestión de residuos plásticos es un problema crítico, con solo el 27% de 32 millones de toneladas recicladas anualmente.
El proyecto se centra en la ingeniería y prueba de una solución avanzada de gestión de residuos utilizando la tecnología de gasificación por plasma de alta temperatura de PyroGenesis, para abordar tanto los plásticos no reciclables como los residuos líquidos peligrosos. Esta es la tercera colaboración con este cliente, tras proyectos previos en emisiones de gas natural renovable e infraestructura para producción de biogás.
La iniciativa es especialmente significativa dado el gravamen de €800 por tonelada impuesto por la UE sobre los residuos de envases plásticos no reciclados y las sanciones adicionales de hasta €40 por tonelada impuestas por algunos estados miembros por la incineración y el vertido de residuos.
PyroGenesis (OTCQX: PYRGF)는 유럽의 주요 환경 서비스 회사와 플라스틱 폐기물 관리 솔루션 개발을 위한 €379,000(캐나다 달러 600,000) 계약을 체결했습니다. 익명을 요청한 이 고객사는 유럽 전역에 100개 이상의 폐기물 처리 시설을 운영하고 있으며, 연간 3,200만 톤 중 단 27%만 재활용되는 플라스틱 폐기물 관리가 중요한 문제입니다.
이번 프로젝트는 PyroGenesis의 고온 플라즈마 가스화 기술을 활용해 재활용 불가능한 플라스틱과 유해 액체 폐기물을 처리하는 첨단 폐기물 관리 솔루션을 설계하고 테스트하는 데 중점을 둡니다. 이는 재생 천연가스 배출 및 바이오가스 생산 인프라 관련 이전 프로젝트에 이은 세 번째 협력입니다.
이 사업은 EU가 재활용되지 않은 플라스틱 포장 폐기물에 대해 톤당 €800의 과징금을 부과하고, 일부 회원국이 폐기물 소각 및 매립에 대해 톤당 최대 €40의 추가 벌금을 부과하는 상황에서 특히 중요합니다.
PyroGenesis (OTCQX : PYRGF) a obtenu un contrat de 379 000 € (600 000 CA$) avec une grande entreprise européenne de services environnementaux pour développer des solutions de gestion des déchets plastiques. Le client, qui reste anonyme, exploite plus de 100 installations de traitement des déchets à travers l'Europe, où la gestion des déchets plastiques est un enjeu majeur, avec seulement 27 % des 32 millions de tonnes recyclées chaque année.
Le projet porte sur la conception et le test d'une solution avancée de gestion des déchets utilisant la technologie de gazéification par plasma à haute température de PyroGenesis pour traiter à la fois les plastiques non recyclables et les déchets liquides dangereux. Il s'agit de la troisième collaboration avec ce client, après des projets antérieurs sur les émissions de gaz naturel renouvelable et les infrastructures de production de biogaz.
Cette initiative est particulièrement importante compte tenu de la taxe de 800 € par tonne imposée par l'UE sur les déchets d'emballages plastiques non recyclés et des pénalités supplémentaires pouvant aller jusqu'à 40 € par tonne appliquées par certains États membres pour l'incinération et la mise en décharge des déchets.
PyroGenesis (OTCQX: PYRGF) hat einen Vertrag über €379.000 (CA$600.000) mit einem großen europäischen Umweltdienstleister abgeschlossen, um Lösungen für das Kunststoffabfallmanagement zu entwickeln. Der nicht genannte Kunde betreibt über 100 Abfallbehandlungsanlagen in ganz Europa, wo das Kunststoffabfallmanagement ein kritisches Thema ist, da nur 27 % von 32 Millionen Tonnen jährlich recycelt werden.
Das Projekt konzentriert sich auf die Entwicklung und Erprobung einer fortschrittlichen Abfallmanagementlösung unter Verwendung der Hochtemperatur-Plasmagasifizierungstechnologie von PyroGenesis, um sowohl nicht recycelbare Kunststoffe als auch gefährliche flüssige Abfälle zu behandeln. Dies ist die dritte Zusammenarbeit mit diesem Kunden nach vorherigen Projekten zu erneuerbaren Erdgasemissionen und Biogasproduktionsinfrastruktur.
Die Initiative ist besonders bedeutsam angesichts der €800 pro Tonne Abgabe der EU auf nicht recycelte Kunststoffverpackungsabfälle und zusätzlicher Strafen von bis zu €40 pro Tonne durch Mitgliedstaaten für Müllverbrennung und Deponierung.
- Secured €379,000 (CA$600,000) contract with major environmental services company
- Expansion of relationship with existing client to third project, demonstrating growing trust
- Targeting large market opportunity with EU's 32 million tonnes annual plastic waste
- Strategic alignment with EU regulations and penalties on non-recycled plastic waste
- Project is still in engineering and testing phase, with no guaranteed commercial success
- Client name withheld, limiting ability to verify scope and potential of relationship
Expands relationship with one of the world’s largest integrated environmental services companies.
MONTREAL, July 02, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announces that it has signed a contract for
Plastic waste is a major issue across Europe, from both a waste and financial penalty perspective. In 2022, in Europe, over 32 million tonnes of plastic waste was generated, with only
As a result, the European Union has imposed significant financial penalties on plastic waste. On January 1, 2021, a levy on non-recycled plastic packaging waste was introduced, where each member state pays
Today’s announced project is for the engineering and testing of an advanced waste management solution targeting both non-recyclable plastics and other forms of hazardous liquid waste. Using PyroGenesis’ high-temperature plasma gasification technology as the platform, the goal is to create an environmentally sustainable waste disposal process with low greenhouse gas emissions.
Image 1: Non-recyclable plastic waste in a landfill.
“With these financial penalties in mind, European companies are seeking to reduce their plastic waste,” noted P. Peter Pascali, President and CEO of PyroGenesis. “With today’s announcement, PyroGenesis hopes to develop a plasma-based technology solution toward this major challenge facing the European continent. This is the third project we have announced with this client in recent months, and this multi-project relationship, crossing two continents, underscores the growing appeal our solutions have with large, diversified companies that have a wide variety of technical challenges requiring unique solutions.”
The first project announced on January 27, 2025 was for the design and delivery of components related to ‘flaring’ that provide for the safe and environmentally friendly incineration of emissions that occur during renewable natural gas production. The second project, announced February 18, 2025, is for the engineering, design, fabrication, and delivery of condensate pots that will be strategically placed within a biogas production infrastructure to collect and separate water from the biogas.
Image 2: A proprietary PyroGenesis plasma torch, similar to the type that will be used to test solutions for effectively managing plastic waste.
“Today’s announcement is also an important next step for the company in its waste remediation business line. For two decades we have provided environmentally friendly waste destruction systems, effectively targeting several different waste challenges such as hazardous end-of-life refrigerants, chemical warfare agents, and shipboard waste on aircraft carriers. In more recent years, we have been targeting the problem of landfills: in 2021, we acquired AirScience Technologies and launched Pyro Green-Gas to provide various technologies used during the conversion of renewable natural gas from landfill-based methane; in 2023, we developed a plasma torch to help destroy Perfluoroalkyl and Polyfluoroalkyl Substances or PFAS, known as forever chemicals due to a strong molecular bond that resists degradation and have been connected to worldwide health issues; and now with the project announced today, we’ve begun the process to face down perhaps the largest landfill issue: managing plastic waste.”
Continued Mr. Pascali, “landfills in their current form are unsustainable in the long-term, but a zero-waste agenda is simply not viable either. While a circular economy is the desired goal for plastics, the reality is that not all plastics are recyclable, and only a portion of recyclable plastics ever get recycled. This presents a major problem as landfilled plastics can have a variety of negative impacts, from leaching of underlying petroleum products to the health risks associated with microplastics and other potentially harmful compounds such as BPAs (bisphenol A) that can enter the ecosystem from landfills. With the growing demand for plastic products, technological intervention is required to help reduce the impact plastics are having on landfills. As is often said, the future of waste management is waste elimination. PyroGenesis hopes to eventually contribute to a solution that helps shift the plastic waste approach from incineration and landfilling to safe destruction and remediation that bypasses landfills entirely.”
PyroGenesis’ involvement in waste destruction is part of its three-tiered solution ecosystem that aligns with economic drivers that are key to global heavy industry. Plasma torches for use in waste destruction applications are part of PyroGenesis’ Waste Remediation tier, encompassing the safe destruction of hazardous materials, and the recovery and valorization of underlying substances such as chemicals and minerals. The other tiers are Energy Transition and Emission Reduction, and Commodity Security and Optimization.
About PyroGenesis Inc.
PyroGenesis Inc., a high-tech company, is a proud 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 m2 and 2,940 m2 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. PyroGenesis’ shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY1).
Cautionary and Forward-Looking Statements
This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management’s current beliefs, expectations, estimates and projections regarding future events and operating performance.
Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under “Risk Factors” in PyroGenesis’ latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis’ profile on SEDAR+ at www.sedarplus.ca. These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, except as required by applicable securities laws.
Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release.
For further information please contact:
Rodayna Kafal, Vice President, IR/Comms. and Strategic BD
E-mail: ir@pyrogenesis.com
http://www.pyrogenesis.com
i https://cinea.ec.europa.eu/news-events/news/life-tackling-europes-plastic-problem-2024-12-02_en
ii www.plasticseurope.org/sustainability/circularity/recycling/zero-plastics-to-landfill/
iv https://www.lizenzero.eu/en/blog/the-plastic-tax-in-europe-current-requirements/
v https://assets.kpmg.com/content/dam/kpmg/es/pdf/2022/05/tax-alert-impuesto-deposito-residuos-eng.pdf
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f173cce7-c87e-49c0-b377-5ea8bac2916e
https://www.globenewswire.com/NewsRoom/AttachmentNg/38d09379-90f7-4ccf-bf11-f49f2b78defe
FAQ
What is the value of PyroGenesis' new plastic waste management contract?
How much plastic waste is generated in Europe annually according to PyroGenesis?
What is the EU penalty for non-recycled plastic packaging waste?
How many waste treatment facilities does PyroGenesis' new client operate?
What technology will PyroGenesis use for the plastic waste management solution?
