PyroGenesis Canada Inc announced that it has created a new division, PyroGenesis Aluminum, dedicated exclusively to the company’s environmental offerings to the aluminum industry.
The newly-established division will include five main offerings — Drosrite sales and tolling services; valorization of downstream dross residues; upstream applications; PyroGenesis’ high powered plasma torches geared to replacing fossil fuel burners; and repurposing of spent pot lining residues recovery.
The Montreal-based company said that the combination of these offerings is designed to position PyroGenesis Aluminum as a unique one-stop shop for zero-landfill, and reducing carbon services solutions.
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“Following our successful Joint Venture agreement with a leading residue processor to transform aluminum dross residues into high-value chemical products, and the recent success of our yet-to-be-announced upstream applications, we decided to form a division specifically dedicated to the aluminum industry,” said P. Peter Pascali, CEO of PyroGenesis, in a statement.
He added that PyroGenesis-Al is positioned to offer a complete portfolio of products and services that drive greenhouse emissions (GHG) reduction, as well as repurpose toxic landfill waste streams into valuable products, for the aluminum industry. “As such, we believe that PyroGenesis-Al is well-positioned to address many of the key environmental challenges facing the industry.”
PyroGenesis’ Drosrite will provide the aluminum industry a solution to process their dross — a waste stream containing valuable metal, eliminating landfills and reducing GHG. The company’s joint ventures would help process the dross residues, converting them into high-margin products like aluminum sulfate and ammonium sulfate.
“Due to their strong, durable, and lightweight characteristics, aluminum products are frequently marketed as a green material,” said David D’Aoust, sales manager of Drosrite at PyroGenesis. “Aluminum is infinitely recyclable, making it an excellent candidate for replacing plastics in consumer-packaged goods.”
However, D’Aoust added that there are two key drawbacks — current production processes that result in significant amounts of GHG emissions, as well as the need to landfill hazardous wastes. “We believe that these drawbacks can be addressed by our unique offerings and, as such, PyroGenesis can make significant contributions and truly make aluminum the real green material of the future.”
PyroGenesis is currently developing a new technology to address a significant problem faced by the aluminum industry about the residues generated from spent pot liners (“SPL”). The company is working in partnership with a major Quebec aluminum smelter, Aluminerie Alouette, based on its core plasma waste destruction technologies that are currently in use with the US Navy.
“The work we are doing to develop environmental solutions (such as repurposing spent pot lining residues), to discerning players in the industry demonstrates the success we are having in becoming a go-to environmental solutions company to a very conservative industry,” Pascali said.
Contact Ritika at ritika@proactiveinvestors.com