News

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

Posted by on 8:52 am in news | 0 comments

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

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 energy efficiency and emerging energy sources. The program provides financial support to project developers who register at various stages of the innovation chain. See www.efficaciteenergetique.gouv.qc.ca...

read more

Pyrowave receives $1M in funding from Sustainable Development Technology Canada (SDTC)

Posted by on 11:54 am in news | 0 comments

Pyrowave receives $1M in funding from Sustainable Development Technology Canada (SDTC)

TORONTO, ONTARIO and EDMONTON, ALBERTA- The Minister of Innovation, Science and Economic Development, Hon. Navdeep Bains, today announced at an Alberta Enterprise Group Breakfast in Edmonton, Canada their commitment to $206M in funding 36 SDTC projects including $1.032M to Pyrowave Inc. “Sustainable Development Technology Canada (SDTC) is incredibly proud to support Pyrowave” said Leah Lawrence, President and CEO. “Our mission is to help Canadian cleantech entrepreneurs move their ground-breaking technologies to commercialization by bridging the funding gap between research and market entry. This commercial scale demonstration of the Pyrowave machines is the kind of technology that has the potential to generate jobs, growth and export opportunities, and to bring lasting economic, environmental and health benefits to Canadians and the world.” “The Pyrowave technology is the first cost effective solution to address end of life of polymers. Our unique technology recovers monomers and wax that are then re-used to make new polymers and packaging”, says Jocelyn Doucet, CEO of Pyrowave. “The support of SDTC is essential in completing our full scale demonstration and proving that our business model works.” Pyrowave’s patented technology uses microwave heating 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. Pyrowave has also obtained the support of Total Petrochemicals & Refining USA, Inc. and Greencentre Canada, both partners in the demonstration...

read more

Pyrowave, proud sponsor of the McGill-Polytechnique Research day (March 15th, 2016)

Posted by on 4:42 am in news | 0 comments

Pyrowave, is a proud sponsor of the McGill-Polytechnique Research day. Please join us at the event on Tuesday , March 15th, 2016, 8:30AM – 6PM, McGill University, New Residence Hall, 3625 Av du Parc, Montréal, QC H2X 3P8 Prince Arthur Ballroom (Level C) See link below for more information. https://www.mcgill.ca/chemeng/research-day

read more