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Pyrowave and INEOS Styrolution announce strategic partnership to recycle North American post-consumer polystyrene

By on Nov 14, 2017 in news, Sin categoría | 0 comments

Montreal, Quebec, Canada and Aurora, Illinois, USA, November 14, 2017. Pyrowave, a pioneer in Catalytic Microwave Depolymerization of plastics, and INEOS Styrolution America LLC, the American subsidiary of the global leader in styrenics, announce a strategic partnership to support Pyrowave’s North American polystyrene recycling  project. The objective of this project is to demonstrate the recyclability of post-consumer polystyrene packaging using Pyrowave’s innovative Catalytic Microwave Depolymerization (CMD) technology. This consortium project will be represented with various actors from the value chain of the polystyrene industry, and INEOS is the first manufacturer to join the consortium. “We are very excited to collaborate with Pyrowave in this project. At INEOS Styrolution, we are committed to exploring ways towards a circular economy. Polystyrene is a too valuable material to end up in landfills,” said Ricardo Cuetos, VP Standard Products, INEOS Styrolution America LLC. “Pyrowave’s North American project is a significant component in our efforts to recycle polystyrene taking advantage of innovative technologies,” he adds. Pyrowave’s principal advantage is the modularity of its technology, which is intended to be installed and operated in existing sorting facilities, similar to other recycling equipment. Also, its unique microwave technology is the first of its kind at commercial scale and generates particular high yields of monomers with a very low energy consumption. Pyrowave spent three years exploring the technology on post-consumer polystyrene waste, and now, Pyrowave is operating a full scale machine in Montreal, Canada. Pyrowave’s next phase is to deploy units in the field and demonstrate its business model with a strong consortium of industry leaders, representing the value chain. “We are extremely pleased to announce the support of INEOS Styrolution in the project as it shows strong leadership from the polystyrene industry that wants to improve the life cycle of polymer products”, says Jocelyn Doucet, CEO of Pyrowave. “We believe that plastics are meant to stay in our modern world and to continue delivering broad span benefits during their use phase. However, this must include end-of-life-solutions. We believe the future of plastic is circular. Our technology combined with the support of the industry will help improve our world’s resource efficiency for the good of future generations,” adds Jocelyn Doucet.  About Pyrowave Pyrowave is the leader in...

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Plastic-Recycling Pyrowave is Named in the 2017 Global Cleantech 100 Ones to Watch List

Plastic-Recycling Pyrowave is Named in the 2017 Global Cleantech 100 Ones to Watch List

By on Nov 11, 2017 in news, Sin categoría | 0 comments

Montréal, Québec, Canada – November 7, 2017: Pyrowave Inc, a pioneer in plastic recycling using modular microwave technology, today announced it was named in the 2017 Global Cleantech 100 Ones to Watch list, produced by Cleantech Group (CTG).   The GCT100 Ones to Watch list seeks to highlight a group of up-and-coming companies that are catching the eye of leading investors and corporates in the market. The companies made the top 250 in this year’s Global Cleantech 100 program and carry pockets of strong support among the GCT100’s Expert Panel, albeit they did not have quite enough market support to make the 9th edition of the Global Cleantech 100 list itself (which will be published on January 22, 2018). As such, these companies represent this year’s Ones to Watch. “The Global Cleantech 100 program is our annual in-depth research exercise to identify the innovation companies leading players in the market are most excited by right now,” said CTG’s CEO, Richard Youngman. “By the nature of the list, the Ones to Watch truly represent the next cadre of exciting disruptive companies.”   “Plastic waste is becoming a central preoccupation due to its impact on our oceans, land and more importantly on how we use our resources”, said Jocelyn Doucet, CEO of Pyrowave. “This year was a turning point after 8 years of intense development as we gained a lot of attention and visibility internationally with our first commercial scale unit in operation. Being the recipient of the 2017 Cleantech Group Ones-to-Watch is crowning a remarkable year of successes and will help us continue transforming the plastic recycling industry to make our world better.”   This year, a record number of nominations for the annual Global Cleantech 100 list were received: 12,300 distinct companies from 61 countries. These companies were weighted and scored to create a short list of 312 companies, with these nominees reviewed by the 86 members of Cleantech Group’s Expert Panel. The Ones to Watch list, a sister list to the annual Global Cleantech 100 list, is created from the top 250 of the shortlist. To qualify for either list, companies must be independent, for-profit cleantech companies that are not listed on any major stock exchange. The complete list...

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Plastic-recycling Pyrowave founders named to Canada’s Clean50 for 2018 in the Primary Resources Category

Plastic-recycling Pyrowave founders named to Canada’s Clean50 for 2018 in the Primary Resources Category

By on Sep 21, 2017 in news | 0 comments

MONTREAL, QC – Thursday, September 21st, 2017 – Pyrowave is proud to announce that its team of founders Jocelyn Doucet, Jean-Philippe Laviolette and Jamal Chaouki were named to Canada’s Clean50 for 2018 in the Primary Resources category. Pyrowave is leading a worldwide trend towards improving resource efficiency and closing the loop on post-consumer plastic waste. The Pyrowave team started developing the first commercial technology using catalytic microwave depolymerisation in early 2010 through a research contract with Polytechnique Montreal. Eight years later, the technology is a high power microwave reactor producing the highest yields and best energy performance ever seen in the industry, enabling a high percentage of discarded plastics to be repurposed as brand new plastic. With this third version of the machine now in operation, Pyrowave is now selling the world’s first recycled monomer to the largest companies in the world: The first time that a commercial technology can depolymerize plastics after their use and return it back into virgin product. “Canada’s Clean50 Awards are announced annually by Delta Management Group and the Clean50 organization to recognize those 50 individuals or small teams, from 16 different categories, who have done the most to advance the cause of sustainability and clean capitalism in Canada over the past 2 years.” says Gavin Pitchford, CEO of Delta Management Group. Pyrowave team is extremely honored to demonstrate that closing the loop not only improves resource efficiency and global emissions but is also creating high quality jobs in the new circular economy. Jocelyn Doucet will be amongst approximately 120 past and incoming Clean50 Honourees meeting on Thursday September 28th at the “Clean50 Summit 7.0” on Toronto Island, to spend a day amongst peers and colleagues tackling common sustainability challenges”. To see the Canada’s Ressource Category Clean50 see here About Pyrowave Pyrowave is currently the leader in Catalytic Microwave Depolymerization with its unique patented microwave technology that unzips plastics back into their initial constituents. Only 8% of plastics generated today are recycled – yet the costs to haul, store, sort and process plastics are enormous. Using patented Catalytic Microwave Depolymerization (CMD), Pyrowave places small, modular units directly onsite at recycling facilities and at producers of plastic waste. Pyrowave has one machine in operation producing...

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Pyrowave listed in CIX Top 20 most Innovative Companies

Pyrowave listed in CIX Top 20 most Innovative Companies

By on Sep 8, 2017 in news, Sin categoría | 0 comments

TORONTO, ON – Thursday, September 7, 2017 –  Today, CIX (Canadian Innovation Exchange) announced the 20 innovative Canadian technology companies that have been inducted into the annual CIX Top 20 program. These game-changing companies on the rise are chosen by a selection committee made up of technology industry experts and investors from across the country. Hundreds of profiles were submitted this year from all regions of Canada. Companies were chosen based on a number of key factors including product/service offering, depth of management, market opportunity, and business model. “The CIX Top 20 Program had a record number of applications this year, with a high proportion of earlystage companies with less than $100k in revenue,” said Lauren Linton, Executive Director of CIX. “It is exciting to see so many young tech companies with such great potential to contribute to Canada’s success as a global innovation leader.” “Obtaining such recognition from the marketplace in Canada is essential to our future development. The CIX judging committee are certainly aware that our environment is threatened and that transformative technologies like Pyrowave are essential in matching our desire for a more sustainable future”, says Jocelyn Doucet, CEO of Pyrowave. The CEO of each CIX Top 20 company will present at CIX 2017 on Oct 17-18 and share their story and unique innovation to a crowd of over 750 investors and peers in the North American technology     About Canadian Innovation Exchange (CIX) CIX is the “must attend” event for leaders in Canada’s innovation ecosystem. In its 10th year, CIX attracts 750+ technology industry leaders, tech entrepreneurs, investors (VCs, corporates, angels) and advisors from across the Canada and globally. This exclusive event showcases Canada?s most innovative and promising young tech companies and provides the tools for networking, building new relationships and increasing deal flow. CIX facilitates hundreds of new relationships and has fostered hundreds of millions of dollars in transactions. CIX takes place Oct 17-18 2017 at Hilton Toronto. www.cixsummit.com  #CIX2017...

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Plastic-recycling Pyrowave wins first place at an international chemistry and new materials contest

Plastic-recycling Pyrowave wins first place at an international chemistry and new materials contest

By on Jun 23, 2017 in news | 0 comments

Montreal, June 20th, 2017 – Pyrowave is proud to announce that it won the first prize at the 6th edition of the IQ-CHem International Chemistry Innovation Competition organized by SIBUR, one of the largest chemical group in Moscow, Russia. In total, 251 teams from 27 countries took part in the international IQ-CHEM contest with applications from Russia, India, Canada, the Netherlands and the United States. The final presentation took place at the Skolkovo Startup Village 2017 and involved a judging panel comprised of directors and executives from companies such as The Dow Chemical Company, Linde, LG, Honeywell UOP, DuPont, 3M, BASF and Sinopec. “We’re very proud to win this award, of course because it rewards the extensive work we’ve put into the project, but also because of the high technical level of the finalists we competed against”, says Jocelyn Doucet, CEO of Pyrowave. “Participating in and winning this competition gives Pyrowave enormous international exposure to key chemical companies that care about environmental sustainability of chemical operations”. «The winner of the IQ-CHem contest was selected as a result of independent evaluation by each member of the jury, which was comprised of representatives from major global corporations. As a result of their independent assessments, the company Pyrowave was selected as the best» said Dmitry Stepkin, Director of Corporate R&D at SIBUR «The jury assessed that the technological solution offered by Pyrowave – of using microwave radiation to deploymerise plastic, using technology that has already been proven in other areas of usage – is an idea with strong market potential», he added. A solution to a worldwide problem The key element that differentiated Pyrowave was the size of the potential market for the technology. Plastic pollution is a central problem and Pyrowave is proposing the first commercial modular technology that consists of small machines using microwave to depolymerize (or deconstruct) the plastic material. “It’s like un-zipping the plastic into their initial constituents with the very targeted action of microwaves so that plastic manufacturers can easily re-zip them into new plastics that can be used in identical applications”, says Jocelyn Doucet. Pyrowave’s process is the first commercial process that can convert polystyrene waste into Recycled Styrene Monomer (RSM) with up to 90% yield...

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Pyrowave receives financial support from Quebec Ministry of Energy and Natural Resources

Pyrowave receives financial support from Quebec Ministry of Energy and Natural Resources

By on Apr 26, 2016 in news | 0 comments

Montréal, April 25th 2016 — The Minister of Energy and Natural Resources and Minister responsible of the “Plan Nord” and Cote-Nord region, Mr. Pierre Arcand, today announced in Montreal, QC, their commitment to $1,089,909 in funding to Pyrowave Inc.,a Montreal-based company, qualified for the Technoclimat Program. “The Pyrowave technology is the first cost effective solution to recycle mixed plastic wastes. Our unique approach uses a local conversion that unzips plastics back to their initial constituents that can later be re-used to make virgin polymers and packaging”, says Jocelyn Doucet, CEO of Pyrowave. “While we have previously proven the technology at large scale, the support of Technoclimat is essential in building our new model machine and proving we can derive a profitable business model from it.” Pyrowave is currently completing the manufacturing of its second commercial prototype that should be operational by the fall of 2016 at its site located in Valleyfield, Quebec. On average, the technology will reduce emissions by 0.43 tons CO2 equivalent per ton of input and generate a net positive value to users. Pyrowave’s patented technology uses microwaves to perform fast de-polymerization of mixed plastics with small-scale modular units capable of treating 400-1,200 tons/year on-site. The equipment converts mixed plastics with or without food contamination into predominantly oil containing valuable waxes and monomers. The products are sold to chemical companies that re-use the monomers and waxes for FDA compliant applications and therefore cost effectively closes the loop of polymers life cycle. About Pyrowave Only 8% of plastics generated today are recycled – yet the costs to haul, store, sort and process plastics are enormous.  Using patented microwave technology, Pyrowave will place small, modular units directly onsite at recycling facilities and at producers of plastic waste. Pyrowave’s technology will enhance the rate and the range of recyclable materials, reduce logistics costs and produce higher value end products from waste plastics – products such as wax, oil and styrene monomer. Pyrowave will have a significant positive benefit environmentally and economically.  Its technology will reduce waste landfilling, waste incineration and waste hauling via a net positive energy process. See www.pyrowave.com.  About Technoclimat The program aims to reduce emissions of greenhouse gases and to encourage the development of new technologies or innovative processes for...

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