GlobeNewswire·Aug 17, 2026, 7:00 AM ET

PyroGenesis Provides Corporate Update on Fumed Silica Business Line

PYRGF

PyroGenesis Inc. updated its Fumed Silica business line on August 17, 2026, following successful pilot plant operations completed in 2025 that produced commercial-grade fumed silica within 12 months.
The company's plasma-based Fumed Silica Reactor (FSR) converts quartz into fumed silica in a single eco-friendly step without harmful chemicals or hazardous by-products.
Negotiations with a major global fumed silica manufacturer (Global Manufacturer) have progressed significantly toward commercial deployment frameworks after the pilot program validated the FSR's ability to produce low-cost, low-carbon material.
Discussions with a potential joint venture partner to build a 1,000-tonne per year plant are currently stalled due to disagreements on intellectual property, exclusivity, & cost breakdowns, despite PyroGenesis proposing a compromise position.
A third entity has initiated discussions to establish a North American production facility, with potential demand requiring several 10,000-tonne per year FSR systems.
A fourth entity, an existing customer in the Middle East, has re-initiated discussions to construct a local 10,000-tonne per year production plant, with negotiations planned for the second half of 2026.
PyroGenesis holds exclusive manufacturing arrangements for all four identified initiatives & has an exclusive agreement to supply FSR equipment for any commercialization of the technology.
PyroGenesis is converting its annual royalty rights into a 50% interest in HPQ Silica Polvere Inc., a process expected to complete in Q3 2026.
The global fumed silica market is projected to exceed US$2.57 billion by 2034, driven by demand in coatings, sealants, automotive, & lithium-ion battery sectors.
The FSR technology offers lower capital & operating costs, reduced CO2 emissions, elimination of hazardous chemical handling, & the ability to achieve profitability at smaller production scales.