HPQ Silicon Plans To Negotiate Multiple Potential Offtake Agreements, For Multiple Potential Fumed Silica Plants
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If you knew that silicon is the second most abundant element in the earth's crust (behind only oxygen) and the eighth-most common element in the universe, you’d have very little reason to be concerned about it, let alone fear it. But that would change quickly if you knew that Silicon Metal manufacturing is the largest emitter of CO2 on a per ton basis on the planet. That concern would only continue to grow if you knew that Silicon Metal is used to create Fumed Silica, which is used in our everyday lives through products such as cosmetics, toothpaste and powdered foods. HPQ SILICON DISRUPTIVE TECH IS SHAKING UP THE WORLD OF FUMED SILICA HPQ Silicon is on the verge of disrupting the manufacturing process of Fumed Silica and becoming the sole provider capable of satisfying the strong demand for low carbon Fumed Silica products. How disruptive is the HPQ Silicon Process? Energy Consumption 93% Lower Greenhouse Gases 84-88% Lower Capital Costs 93% Lower Hydrogen Chloride Gas Complete Elimination GIANTS OF FUMED SILICA MARKET HAVE TAKEN NOTICE AND SIGNED NDAs More than just talk, the Fumed Silica industry has taken notice as evidenced by multiple NDAs with leading manufacturers immediately after HPQ announced the successful production of Fumed Silica samples through its proprietary Reactor technology. It's time for investors to take a closer look at the groundbreaking strides HPQ is making in reducing the carbon footprint, while also shattering the economics of the Fumed Silica industry, These multiple non-disclosure agreements with leading manufacturers in the Fumed Silica space attest to HPQ's remarkable achievements. But what exactly is Fumed Silica, and why is the industry buzzing about it? UNVEILING FUMED SILICA Fumed Silica, a versatile micro-powder, isn't just another industrial substance. Its potential to reshape numerous industries, from cosmetics and toothpaste to powdered foods, makes it a game-changer across personal care, pharmaceuticals, agriculture, adhesives, construction, batteries, and beyond. DESIGN REWORKED TO FAST TRACK AND DE-RISK COMMERCIAL PLANT SCALE-UP Today, the company announced a significant overhaul of the 50 tonnes per year (TPY) pilot plant system. This redesign expedites the path to commercial scalability, mitigating associated risks and ensuring a seamless transition to full-scale production. Furthermore, it streamlines the process of constructing the inaugural 1,000 TPY commercial-scale plant. Notably, this rework will not disrupt the scheduled commissioning of the pilot plant in Q2 2024. “Fast tracking and de-risking the commercial scale-up of our proprietary Fumed Silica Reactor technology, with its disruptive capability to produce Low-Carbon Footprint and Hydrogen Chloride (HCI) free Fumed Silica in just one step, represents a significant advantage for HPQ,” said Bernard Tourillon, President and CEO of HPQ Silicon Inc and HPQ Silica Polvere Inc. PATH TO COMMERCIALIZATION UNVEILED In Q2 2024, the focus remains on finalizing the assembly and commissioning of the pilot plant. Following this, in Q3 2024, operations will commence. Initially, they will follow a batch protocol to replicate lab-scale results. Subsequently, semi-continuous operations will target commercial-grade production to facilitate sample distribution to potential clients. Future prospects entail optimization for high-value food/pharma grade material and negotiation of offtake agreements for the construction of the first 1,000 TPY commercial-scale plant. MARKET DYNAMICS AND POSITIONING The Fumed Silica market is projected to grow at a robust 5.5% CAGR, reaching US$ 3.1 billion by 2032. HPQ Polvere, with its disruptive advantages over traditional manufacturing methods, is poised to capture market share, especially in Canada, with ample demand to support its ambitious growth plans. “HPQ Polvere aims to become the first and sole producer of Low-Carbon Fumed Silica globally,” concluded Mr. Bernard Tourillon.