Further to our
HPQ’S FUMED SILICA REACTOR PILOT PROJECT: VALIDATING COMMERCIAL POTENTIAL OF THE TECH
Now that all major equipment’s needed have been received, the 50 tonnes per year (TPY) FSR pilot plant now moves to the final fabrication and assembly phase; with a scheduled commissioning in Q2 2024.
“Having successfully achieved the following key milestones:
- Made commercial grade Fume Silica directly from quartz at lab scale using HPQ FSR technology (
May 17 th, 2023, release), - Attracted the interest of major industry players that signed 3 party NDA’S [1] to test our material characteristics (
May 25 th, 2023,August 24 th, 2023,September 14 th, 2023, andOctober 18 th, 2023, releases), - Received independent third-party confirmation that we made commercial grade Fume Silica directly from quartz at lab scale using HPQ FRS technology (
November 8, 2023 , release), - Completed an internal technical and economic study that indicated HPQ FSR’s robust potential at commercial scale (
January 10 th, 2024, release) and - Attracted the interest of an industrial group to explore the potential of creating a commercial FSR 1,000 TPT plant joint venture (
January 31 st, 2024, release).
We are about to start the most exciting part of the project, validating, at a pilot plant scale, our substantial, unique, and proprietary advantages, the ability to manufacture commercial-grade Fumed Silica directly from quartz in one step for significantly less than all traditional manufacturers,” stated Mr.
A RECAP OF HPQ POLVERE'S DISRUPTIVE ADVANTAGES
The table below clearly illustrates the numerous disruptive advantages of HPQ Polvere's Fumed Silica Reactor (FSR) compared to traditional Fumed Silica Manufacturing.
Table 1) HPQ Polvere's FSR compared to traditional Fumed Silica Manufacturing.
"In emphasizing the significance of the upcoming pilot plant phase,”
THE PILOT PLANT
The construction of the FSR pilot plant is set to take place in a dedicated space within PyroGenesis’ facilities, featuring tailor-made infrastructure to address the pilot plant’s distinctive ventilation, safety, and access needs. An allocated 4,000 sq ft facility, with a height allowance of 30 feet, has been designated to accommodate the pilot plant, which boasts an approximate layout footprint of 50ft by 30ft.
“We are rapidly moving forward with the fumed silica reactor pilot plant construction, as we recognize that numerous industries will benefit from what we believe is a truly innovative approach to producing one of the most in-demand materials”, said Mr.
REFERENCE SOURCES
[1] | PyroGenesis participation in the NDA agreements is done at HPQ's express request. | |
[2] | Traditional Fumed Silica manufacturing involves a complex three-step process. Step 1: Conversion of Quartz to Silicon Metal (Si), with an average Capex of around | |
[3] | Frischknecht, Rolf, et al. "Life cycle inventories and life cycle assessment of photovoltaic systems." International Energy Agency (IEA) PVPS Task 12 (2020). | |
[4] | ||
[5] | Average EBITDA margins of 20% are derived from two sources, with Link #1 leading to Source #1 and Link #2 leading to Source #2 (Specialty Additives division). Management has calculated the EBITDA margins for the Fumed Silica Reactor (FSR) based on data derived from third party sources and publicly available information. These figures will be updated upon completion of the pilot testing phase. The 5% range in HPQ Polvere's EBITDA margins considers PyroGenesis' option to convert its 10% royalties into a 50% ownership stake in HPQ Polvere's remaining equity. | |
[6] | The 1 Kg eq of CO2 per Kg of Fumed Silica is based on | |
[7] | ||
[8] | 2012 – Executive summary: “SILICON-CHEMISTRY | |
About
About
HPQ is developing, with the support of world-class technology partners
HPQ activities are centred around the following four (4) pillars:
1) Becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the FUMED SILICA REACTOR, a proprietary technology owned by HPQ 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)
4) Becoming a zero CO2 low-cost (Capex and Opex) producer of High Purity Silicon (2N+ to 4N) using our PUREVAP™ “Quartz Reduction Reactors” (QRR), a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis.
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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
This News Release is available on the company's CEO
Source:
For further information contact:
Email: Info@hpqsilicon.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7693b887-665f-441e-976f-dd2d6b62770c
HPQ Fumed Silica - Table
Table 1) HPQ Polvere's FSR compared to traditional Fumed Silica Manufacturing
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