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Stock impact report

Perma-Fix Environmental Services Announces Successful Startup of its First Commercial Perma-FAS System for PFAS Destruction

Perma-Fix Environmental Services, Inc. (PESI) 
US:NASDAQ Investor Relations: perma-fix.com
Company Research Source: GlobeNewswire
ATLANTA, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) announces the successful completion of the fabrication, installation, commissioning, and startup of its first full-scale commercial Perma-FAS system for PFAS (Per- and Polyfluoroalkyl Substances) destruction at the Company’s Perma-Fix Florida facility. This landmark development in Perma-Fix’s PFAS treatment technology marks a significant step forward in the safe, energy-efficient destruction of PFAS, commonly known as "forever chemicals." The Perma-FAS system has successfully processed commercial PFAS-containing waste materials, beginning on October 28, with initial rapid turn analytical results showing an effective breakdown of the carbon-fluorine bond characteristics of PFAS at more than 99.99% after 6 hours of treatment. These results underscore the system's capacity to treat hazardous PFAS materials effectively, positioning Perma-Fix as a leader in addressing this en Show less Read more
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