PyroGenesis Announces Successful Conversion of Methane into Hydrogen (“Turquoise”) Production using its Plasma-Based Hydrogen Production Process
MONTREAL, Nov. 10, 2022 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX:PYR) (NASDAQ:PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases (GHG), and address environmental pollutants, is pleased to announce that, further to its press release dated December 8th, 2021 wherein it was announced that the Company had filed a patent for a new Zero Carbon Emission (“ZCE”) hydrogen production process, it has successfully produced hydrogen from methane using this revolutionary ZCE hydrogen production technology. Methane is a greenhouse gas (“GHG”) with a high global warming potential which is approximately 25 times worse than carbon dioxide (CO2) in terms of its greenhouse effect1. PyroGenesis’ plasma-based hydrogen production process converts this methane into a valuable solid carbon and hydrogen, thereby creating a ZCE hydrogen. The solid carbon is a byproduct that has many industrial applications, including the production of car tires, coatings, plastics, and batteries, and is considered an essential raw material. The hydrogen generated by any methane process that is driven by heat produced with electricity, rather than combustion of fossil fuels, is typically referred to as “Turquoise Hydrogen”.
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