Agoracom Blog

VIDEO – HPQ Silicon Ability To Create Cleanest Fumed Silica Has Company Already Fielding Calls From Silicon Players Around The World

Posted by AGORACOM-JC at 4:53 PM on Tuesday, July 6th, 2021

HPQ Silicon Resources $HPQ $HPQFF is a Quebec-based company that is developing a portfolio of high value-added silicon products sought after by battery and electric vehicle manufacturers.

If that sounds a lot like what other small companies are saying lately, $HPQ differentiates itself as a leader of the pack thanks to the following:

Recently, the Company announced a major milestone with this press release HPQ Silicon GEN3 PUREVAP™ Quartz Reduction Reactor Pilot Plant to be Commissioned in Q4 2021

To understand the importance and the implications of this milestone, this excerpt from the press release says it all:

” Demand for higher purity Silicon, materials that the PUREVAP QRR was designed to produce – but one that traditional silicon producers have a difficult time making, is about to enter a massive growth phase, driven by worldwide demand from the silicones, solar, and batteries industries. The Covid-19 pandemic accelerated the closing of old inefficient traditional Silicon plants and combining this with the chronic under investment in new conventional Silicon plants that occurred in the past decade, and the need for more efficient and environmentally friendly processes has created a perfect storm for the industry. HPQ should be a key beneficiary of this new reality.”

Today, thanks to HPQ’s great progress on its silicon mission, the Company announced  “An Agreement to Develop a New Environmentally Friendly Process to Manufacture Fumed Silica”
What is Fumed Silica?  Suffice it to say, it is in heavy demand right now but current producers are going to run into strong environmental “ESG” headwinds as the industry is now moving towards clean and verified Fumed Silica that HPQ Silicon believes it will be able to deliver thanks to its powerful relationship with ESG driven PyroGenesis Canada. The market for Fumed Silica is set to hit $USD 2.2 Billion in 2022 and CEO Tourillon wasn’t shy about his confidence in the Company’s potential to win market share with this quote:

““The business opportunity that this represent should not be underestimated and could be as significant as the ones represented by the PUREVAP™ family of processes we are developing with PyroGenesis”

Watch this great interview with $HPQ CEO Bernard Tourillon – especially the last 13 minutes – to get the full picture!

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