The PylonsApp class is accessible via the pylons.wsgiapp module.
Pylons App sets up the basic Pylons app, and initializes the global object, sessions and caching. Sessions and caching can be overridden in the config object by supplying other keys to look for in the environ where objects for the session/cache will be. If they're set to none, then no session/cache objects will be available.
See the source for more information.