PyroGenesis Launches Dubai Subsidiary to Grab Growth Opportunities in Middle East, Asia

07:32 AM EDT, 10/21/2026 (MT Newswires) -- PyroGenesis Canada (PYR.TO) has established a subsidiary in Dubai, United Arab Emirates, to address growth opportunities in the Middle East and Asia, the company said Wednesday. The launch of PyroGenesis Global FZCO aligns with industrial initiatives in the region, including Saudi Arabia's Vision 2030 framework, which supports the Ras Al-Khair aluminum complex. "Our Dubai subsidiary solidifies our commitment to a region that offers tremendous capital flow," said P. Peter Pascali, president and chief executive officer of PyroGenesis Canada. "This capital supports large client projects and provides the platform for potential investments and partnerships." PyroGenesis Canada plans to announce a new partnership with a local entity in the region over the coming weeks.