Business News • MarketWire • PyroGenesis Receives Final Payment on First Commercial Drosrite(TM) System; Additionally, Enters Middle Eastern Market with Paid Demonstration |
PyroGenesis Receives Final Payment on First Commercial Drosrite(TM) System; Additionally, Enters Middle Eastern Market with Paid Demonstration |
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PyroGenesis Receives Final Payment on First Commercial Drosrite(TM) System; Additionally, Enters Middle Eastern Market with Paid Demonstration
MONTREAL, QUEBEC--(Marketwired - July 5, 2016) - PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX VENTURE:PYR) (OTCQB:PYRNF) (the "Company" or "PyroGenesis") that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products announces today that it has received the final payment for the sale of its first commercial DROSRITET System (the "System" or "DROSRITET") from a North American automobile parts manufacturer (the "Client"). The name of the Client remains confidential for competitive reasons. Additionally, the Company is pleased to announce that it has received payment for the demonstration of its DROSRITET System to a new client located in the Middle East (the "New Client"). After China, the Middle East is the largest aluminum producing region in the world(1).
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