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HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three 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 producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.


TSXV:HPQ - Post by User

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Post by kade1on Feb 03, 2017 12:00pm
205 Views
Post# 25795496

Quebec Government Grant application for funding

Quebec Government Grant application for funding below is a translation from the site given by renniasance on Janury 6 post.
it provides lots of good information from HPQ in there application for funding from the various Quebec fundinng agencies at the bottom.

We are working with the Montreal-based company PyroGenesis Canada Inc to develop a unique technology, PUREVAPTM QRR (Patent Pending), a technology that transforms low-purity quartz (SiO2 <99%) into very high purity silicon metal (99.9999 % Si), basic material for the manufacture of solar panels. With laboratory test results demonstrating that the process is working, we are advancing the project to the next stage of development, which is the validation of the process on an industrial scale. In addition to validating the commerciality of the project, the pilot plant will serve as a test tank to validate that the process should reduce the production of Co2 by 75% in the production of very high purity silicon metal (99.9999% Si) versus traditional processes available on the market. To achieve this, we have mandated PyroGenesis to build a pilot plant of 200 tonnes per year based on our PUREVAP ™ QRR (Patent Pending) technology. Total construction costs are $ 4,950,000 divided as follows: • $ 4,430,000 for the purchase of equipment from the pilot plant, and • $ 520,000 for payment of salaries and direct operating costs of the plant During the warm-up period of the equipment. The construction of the pilot plant, its assembly and its operation will be done in Montreal, in the very premises of PyroGenesis. During the construction phase of the equipment, in addition to the team of 5 PyroGenesis researchers attached to the project, between 5 to 10 factory employees will be creating. In a second phase we also contracted PyroGenesis to operate for us factory for 10 months, or until we are certain that the equipment can produce the material, and this for 7 consecutive days by operating 20 hours a day. The costs of this phase over a period of 10 months are $ 2,310,000. During the running-in phase and operations of the plant, in addition to the team of 5 PyroGenesis researchers attached to the project, between 5-10 jobs Full time had to be created in the factory. So we are looking for grants or loans of $ 4.0 million under the Creativity Quebec program to finance the construction of the pilot plant. Furthermore, we would like to know if there are programs that could finance us part of the $ 2,310,000 related to the operation of the plant during the running-in period
Target institutions:
Investissement Qubec
Ministry of Economy, Science and Innovation
Ministry of Sustainable Development, Environment and Fight Against Climate Change
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