Former Total E&P Canada CEO Jean-Michel Gires joins Pyrowave’s Advisory Board
MONTREAL-QC - Tuesday, May 1st 2018 – Today, Pyrowave Inc. announced that Jean-Michel Gires joined the Advisory Board of the company effective immediately. Originally engineer from Ecole Polytechnique (Paris) and Ecole des Mines de Paris, Mr. Gires cumulates more than 35 years of experience in the area of energy and oil production. Mr. Gires retired as President and CEO of Total E&P Canada in 2012, where he played a key role in developing Total’s production assets in Canada while being very active in promoting sustainable practices in operation, production and exploration. He led the formation of Total Energy Ventures, one of the world’s leading Corporate Venture Capital groups focused on the energy industry. He also worked as Executive VP of sustainable development and Environment for the Total Group.
“We believe that Mr. Gires’ unique experience in Oil & Gas and his deep knowledge of environmental challenges faced by this industry will help define the long term growth strategy of Pyrowave”, says Jocelyn Doucet, CEO of Pyrowave. “We are extremely excited to bonify our advisory board with such talent and experience which will bring in new ideas to our team and help leverage the extraordinary potential of plastic waste around us with our unique distributed microwave technology”.
“Plastic waste, and lack of performing recycling options, is a growing problem for our planet and for the petrochemicals industry. Pyrowave is offering a distributed solution that fits well with the circular economy ambitions by decomposing the plastics back to their root form (monomers) that can later be used by plastic manufacturers to make new plastics identical to virgin”, says Mr. Gires.
Pyrowave is currently the leader in Catalytic Microwave Depolymerization with its unique patented microwave technology that unzips plastics back into their initial constituents. Only 8% of plastics generated today are recycled - yet the costs to haul, store, sort and process plastics are enormous. Using patented Catalytic Microwave Depolymerization (CMD), Pyrowave places small, modular units directly onsite at recycling facilities and at producers of plastic waste. Pyrowave has one machine in operation producing the world’s first Recycled Styrene Monomer (RSM) from post-consumer polystyrene waste that is sold to large polymer companies. Pyrowave’s technology enhances the rate and the range of recyclable materials, reduce logistics costs and produce higher value end products from waste plastics – products such as recycled wax, oil and monomers. Pyrowave has a growing impact on the environment by promoting resource efficiency. Its technology will reduce waste landfilling, waste incineration and waste hauling via a net positive energy process.