KEY MILESTONES
- Pilot plant operational—first successful batch produced in February 2025.
- Offtake agreement discussions in progress — with world’s largest producer
- Commercial launch by Q4 2025—establishing a reliable, cost-effective supply chain for Canadian manufacturers.
FIRST COMMERCIAL PRODUCTION BY Q4 2025—SCALING FOR DOMESTIC & GLOBAL EXPANSION
As trade tensions between the U.S. and Canada escalate, HPQ Silicon $HPQ / $HPQFF is taking decisive action to establish a reliable, domestic supply of fumed silica—a critical material used in industries from food to pharmaceuticals. With its pilot plant set for commercial production by Q4 2025, HPQ’s subsidiary, HPQ Silica Polvere (HSPI), is on track to become Canada’s first and only domestic supplier—while also preparing for global expansion.
STRATEGIC ADVANTAGE: COST-EFFICIENT, SCALABLE, & READY FOR MARKET
Canada imports 100% of its fumed silica—20,000 to 24,000 tonnes annually—leaving manufacturers vulnerable to supply chain risks and rising costs. HPQ, in collaboration with PyroGenesis Canada, has developed a proprietary plasma-based production process that slashes energy consumption by over 90% compared to conventional methods, lowering costs while significantly reducing emissions.
CEO INSIGHT: FROM PILOT TO FULL-SCALE PRODUCTION
“Fumed silica is critical to Canadian industry, yet we import 100% of it, leaving businesses at the mercy of trade policies,” said Bernard Tourillon, President & CEO of HPQ Silicon. “By pioneering a clean, scalable production process, HPQ is not just addressing tariffs—we are creating a self-sufficient, globally competitive supply chain. The pilot plant is just the beginning; we are building the foundation for a much larger commercial operation.”
GROWTH STRATEGY: EXPANSION, PARTNERSHIPS & MARKET POTENTIAL
Beyond supplying the Canadian market—valued at $USD 160M–$200M annually—HPQ is actively exploring international expansion to meet growing demand in the U.S. and beyond by potentially partnering with the largest fumed silica producer(s) in the world. The company is also in discussions with institutional investors and evaluating innovative funding strategies, including tokenization of real-world assets, to support future growth.
A FIRST-MOVER ADVANTAGE IN A HIGH-GROWTH MARKET
With the North American fumed silica market projected to exceed $587M by 2034, HPQ’s low-cost, high-efficiency production model puts it in a prime position to seize market share while providing manufacturers with a cleaner, more cost-effective alternative.
Watch the full interview to learn how HPQ is transforming Canada’s industrial landscape and securing its leadership in fumed silica production.