PYROGENESIS CANADA INC.
Commented by Nico Popp on February 26th, 2026 | 07:15 CET
Opportunities thanks to industrial transformation: The closed value chain of CHAR Technologies, PyroGenesis, and BASF
When it comes to the climate-neutral transformation of industry, the current phase marks the transition from strategic planning to operational implementation for many companies. According to recent publications by McKinsey and the International Energy Agency (IEA), about half of the required reduction in CO2 emissions by 2050 depends on the provision of alternative heat sources for the production of basic industrial materials such as steel, cement, and chemicals. The regulatory framework in Europe and North America is defined by the Emissions Trading System (ETS) and stricter standards for the circular economy, which increases the financial pressure on CO2-intensive processes. In this environment, the thermal decomposition of organic materials in the absence of oxygen, known as pyrolysis, is becoming increasingly popular as a means of recovering energy from waste streams and utilizing them as carbon sinks. CHAR Technologies, PyroGenesis, and BASF play an important role in this context, ranging from decentralized waste recovery to specialized plant engineering and industrial applications.
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