News

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

Posted by on 9:20 am in news, Sin categoría | 0 comments

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

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 the world’s first Recycled Styrene Monomer (RSM) from post-consumer polystyrene waste that is sold to large polymer companies. Pyrowave’s technology enhances the rate and the range of recyclable materials, reduce logistics costs and produce higher value end products from waste plastics – products such as recycled wax, oil and monomers. Pyrowave has a growing impact on the environment by promoting resource efficiency. Its technology will reduce waste landfilling, waste incineration and waste hauling via a net positive energy process. www.pyrowave.com About Delta Management Group / Canada’s Clean50: Leading sustainability and clean tech search firm Delta Management Group in 2011 founded, and remains the steward of the Canada’s Clean50 awards, created to annually identify, recognize and connect 50 sustainability leaders from every sector of Canadian endeavor, in order to facilitate understanding, collaboration and innovation in the fight to keep climate change impacts below 1.5 degrees. Ancillary awards also recognize 10 Emerging Leaders and the Top 20 Sustainability Projects of the year. Media Contact: Gavin Pitchford 416-925-2005 x 2300 /...

read more

Pyrowave listed in CIX Top 20 most Innovative Companies

Posted by on 8:44 am in news, Sin categoría | 0 comments

Pyrowave listed in CIX Top 20 most Innovative Companies

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...

read more

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

Posted by on 9:59 am in news | 0 comments

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

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 and is supported by several actors from the polystyrene value chain including manufacturers, transformers, retailers and recyclers. Looking for supply partners and investors Pyrowave is ramping up production of its Valleyfield, Quebec, facility currently in operation processing post-consumer polystyrene. Pyrowave is presently looking for partners interested to supply waste polystyrene volumes to be converted into RSM which can be re-used to make virgin-like polystyrene material. It has already supply in place from various municipal sorting facilities as well as private retailers, brand owners and recyclers. “We are basically offering our long-term partners a possibility to recycle all their polystyrene waste including foodservice items, and convert them into commodities traded on a worldwide market”, adds Jocelyn Doucet. “We are currently working at filling up capacity of our first machine in operation, but our long-term model is to lease machines to partners and take care of the output for them”. The company is also looking for investors interested to join its current series A. The funds will allow Pyrowave to build and install additional machines to increase the production capacity of Recycled...

read more