HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ)
(OTCQB: HPQFF) (FRA: O08), a technology company
specializing in green engineering processes for silica and silicon
material production is pleased to provide shareholders with an
update on an ongoing third-party commercial validation of HPQ
produced Fumed Silica samples.
The sample material was produced by the Fumed Silica Reactor
('FSR'), which is currently a standalone project under HPQ’s
wholly-owned subsidiary, HPQ Silica Polvere Inc. ('HPQ Polvere'),
in partnership with PyroGenesis Canada Inc. (TSX: PYR)
(NASDAQ: PYR) (FRA: 8PY) (“Pyrogenesis”) as technology
and plasma expertise partner.
PRODUCING AT LAB-SCALE COMMERCIAL GRADE FUMED
SILICA
By using a lab-scaled model of HPQ Polvere’s proprietary Fumed
Silica Reactor ('FSR') technology, PyroGenesis was successful in
producing fumed silica. Preliminary tests and examination confirm
that the produced material has the structural characteristics
similar to commercially available fumed silica.
This milestone signifies that HPQ Polvere has the only
technology capable of using raw quartz (SiO2) as feedstock to
produce commercial grade fumed silica—in one step.
IMAGES OF MATERIAL UNVEILED
THIRD-PARTY TESTING OF HPQ POLVERE FSR PRODUCED FUMED
SILICA UNDERWAY
Currently, a first batch samples of this material was shipped,
received, and is already undergoing material quality evaluation by
a third party under a non-disclosure agreement (NDA). We are also
engaged in active conversations with another party on the signing
of an NDA and the subsequent shipment of samples.
“Third-party interests in our produced material have the
potential to develop into partnership in our venture which could
materialize in the form of offtake agreements, positioning them as
prospective buyers of our material on commercial scale,” said Mr.
Bernard Tourillon, President and CEO of HPQ Silica Polvere Inc and
HPQ Silicon Inc. “Furthermore, this evaluation phase could extend
to encompass our innovative production process, piquing their
interest in adopting our technology as well.”
HPQ POLVERE FUMED SILICA INITIATIVE - FROM LAB-SCALE TO
COMMERCIAL SCALE
Fumed silica, also known as Pyrogenic Silica, is a fine white
powder characterized by its high surface area and low bulk
density.
This is precisely where HPQ Polvere's strategy comes into play.
By establishing a scalable production capability for fumed silica,
ranging from 250 tonnes per year (TPY) to 2,500 TPY, we are
well-aligned with both current and future market dynamics.
We are committed to a diligent expansion of our
Fumed Silica production capacity. Currently, at 50 kg per year at
lab scale, we aim to achieve 50 TPY within 12 months and
subsequently exceed 250 TPY per reactor within the next 36
months.
FUMED SILICA: BACKGROUND AND GLOBAL MARKET
Fumed Silica is a crucial material used in various industries
due to its unique properties. Its commercial applications encompass
various industries including personal care, pharmaceuticals,
agriculture (food & feed), adhesives, sealants, construction,
batteries gel, automotive and more.
Worldwide demand for fumed silica in 2017 was 317,000 tonnes (t)
worth US$ 1.6 Billion (B). The market was estimated to grow at 6%
CAGR and reach an estimated volume of 424,300 t, worth about US $
2.2 B in 2022 [1].
HPQ Polvere holds a distinctive competitive edge through its
Fumed Silica Reactor. This advantage stems from our ability to
directly transform quartz into fumed silica, resulting in energy
requirements as low as 15,000 kWh per tonne produced [2]. This
process not only enhances efficiency but also minimizes
environmental impact and associated carbon taxes [3].
In contrast, conventional manufacturing processes for fumed
silica depend on 2N purity Silicon Metal (Si) as feedstock. These
processes entail substantial CO2 emissions, intricate procedures,
and high energy consumption (approximately 115,000 kWh per tonne
produced). Moreover, they give rise to hazardous by-products like
Hydrogen Chloride Gas (HCl) [4].
“As our process gains more industry visibility, HPQ Silica
Polvere anticipates significant interest in fumed silica production
technology, benefiting both the Company and the industries that
rely on this essential material, and this should lead in increase
demand for samples from third parties eager to evaluate the
characteristics of our material for the own needs,” added Mr.
Tourillon.
REFERENCE SOURCES
[1] Worldwide Sales
data from MarketsandMarkets 2017 "fumed silica market – global
forecast to 2022” page 70.
[2] PyroGenesis
Canada Inc.
[3] HPQ Silicon Inc
July 13, 2023, release.
[4] Barthel, H., Rösch, L.,
& Weis, J. (2005). Fumed silica‐production, properties, and
applications. Organosilicon Chemistry Set: From Molecules to
Materials, 761-778.
About PyroGenesis Canada
Inc.
PyroGenesis Canada Inc., a high-tech company, is
a leader in the design, development, manufacture and
commercialization of advanced plasma processes and sustainable
solutions which reduce greenhouse gases (GHG) and are economically
attractive alternatives to conventional “dirty” processes.
PyroGenesis has created proprietary, patented, and advanced plasma
technologies that are being vetted and adopted by multiple
multibillion dollar industry leaders in three massive markets: iron
ore pelletization, aluminum, waste management, and additive
manufacturing. With a team of experienced engineers, scientists and
technicians working out of its Montreal office, and its 3,800 m2
and 2,940 m2 R&D and manufacturing facilities, PyroGenesis
maintains its competitive advantage by remaining at the forefront
of technology development and commercialization. The operations are
ISO 9001:2015 and AS9100D certified, having been ISO certified
since 1997. For more information, please visit:
www.pyrogenesis.com
About HPQ Silicon
HPQ Silicon Inc. (TSX-V: HPQ) is a
Quebec-based TSX Venture Exchange Tier 1 Industrial Issuer.
HPQ is developing, with the support of
world-class technology partners PyroGenesis Canada
Inc. (TSX: PYR) (NASDAQ: PYR) and NOVACIUM SAS, new
green processes crucial to make the critical materials needed to
reach net zero emissions.
HPQ activities are centred around the following
five (5) pillars:
1) Becoming a
zero CO2 low-cost (Capex and Opex) producer of High Purity Silicon
(2N+ to 4N) using our proprietary
PUREVAPTM “Quartz
Reduction Reactors” (QRR) being developed for HPQ by
PyroGenesis.
2) Becoming a
producer of silicon-based anode materials for battery applications
with the assistance of NOVACIUM SAS.
3) Becoming a
green low-cost (Capex and Opex) producer of Fumed Silica using our
proprietary FUMED SILICA REACTOR being developed
by PyroGenesis.
4) Developing
a small and compact process for the on-demand production of
hydrogen via hydrolysis of Silicon and other materials.
5) Working to
become the first producer of nano silicon materials from High
Purity Silicon chunks using our proprietary
PUREVAPTM Nano Silicon
Reactor (NSiR) being developed by
PyroGenesis.
For more information, please visit HPQ Silicon
web site.
Disclaimers:
This press release contains certain
forward-looking statements, including, without limitation,
statements containing the words "may", "plan", "will", "estimate",
"continue", "anticipate", "intend", "expect", "in the process" and
other similar expressions which constitute "forward-looking
information" within the meaning of applicable securities laws.
Forward-looking statements reflect the Company's current
expectation and assumptions and are subject to a number of risks
and uncertainties that could cause actual results to differ
materially from those anticipated. These forward-looking statements
involve risks and uncertainties including, but not limited to, our
expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to
research and development, the impact of competitive products and
pricing, new product development, and uncertainties related to the
regulatory approval process. Such statements reflect the current
views of the Company with respect to future events and are subject
to certain risks and uncertainties and other risks detailed from
time-to-time in the Company's ongoing filings with the security’s
regulatory authorities, which filings can be found at
www.sedar.com. Actual results, events, and performance may differ
materially. Readers are cautioned not to place undue reliance on
these forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements either as a result of new information, future events or
otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This News Release is available on the
company's CEO Verified Discussion Forum, a moderated social
media platform that enables civilized discussion and Q&A
between Management and Shareholders.
Source: HPQ Silicon Inc.For further
information contact: Bernard J. Tourillon, Chairman,
President, and CEO Tel +1 (514) 846-3271Patrick Levasseur, Director
Tel: +1 (514) 262-9239Email: Info@hpqsilicon.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1571be37-6b27-4c89-a7ee-dd97d5c1ac62
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