The study was prompted by an inquiry from a participant in the Fumed Silica industry under NDA.
The study assessed the technical and economic viability of quickly scaling up the HPQ Silica Polvere's Fumed Silica Reactor (FSR) from the current 50 tonnes per year (TPY) pilot plant configuration to a 1,000 TPY commercial configuration, following the successful completion of the pilot plant testing phase.
The significance of this preliminary assessment lies in its confirmation of the technical feasibility of rapid scaling up to a 1,000 TPY FRS [1] while preserving the best-in-class environmental advantages inherent in the FSR technology [2]. Moreover, the study unveiled its robust economic potential, emphasizing potential EBITDA margins three times higher than the industry average of 20% [3] and a capital investment 93% less than that required for building a conventional Fumed Silica plant [4].
'The shift of interest in our Fumed Silica offering, from the initial signing of our first NDA to explore the material commercial potential to a current keen focus on the commercial scalability potential of our proprietary Fumed Silica Reactor technology, marks another major step forward for HPQ Silica Polvere,' said Mr.
IMPLEMENTING AN INCREMENTAL COMMERCIALISATION STRATEGY FOR HPQ POLVERE FUMED SILICA
To meet the anticipated demand for low
To prepare the internal economic study, HPQ Polvere management used technology provider and equipment supplier
The salient points of the internal economic study indicate that the HPQ Fumed Silica Reactor will have: Capex between
Energy consumptions between 10 - 15 KWh per Kg of Fumed Silica [6]
EBITDA margins between 60% and 65% [7]
Payback period per 1,000 TPY Reactor of around 1.7 years [8]
'HPQ Silica is uniquely positioned to be the sole provider capable of supplying the materials required to meet the increasing demand for low
While HPQ Polvere technology is the only ultra-low
Cautionary Statements
There can be no assurance that the economic projections upon which this Study is founded will be realized. Not limited to the viability of mass production scale-up, product optimization, financial considerations, and macroeconomic and environmental factors, several risks and uncertainties are inherently associated with any nascent technology commercialization. The Study is intended to be comprehended as a cohesive whole, and individual sections should not be interpreted or relied upon in isolation or without the accompanying context. Readers are duly advised to consider all assumptions, limitations, and exclusions that pertain to the information provided in the Study.'
About
About
HPQ is developing, with the support of world-class technology partners
HPQ activities are centred around the following four (4) pillars: 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.
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.
Becoming a producer of silicon-based anode materials for battery applications with the assistance of NOVACIUM SAS.
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.
This News Release is available on the company's CEO
Contact:
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Email: Info@hpqsilicon.com
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