HPQ Silicon/Pyrogenesis Evaluating Low-cost Plasma processLINK to article https://www.globenewswire.com/news-release/2021/05/04/2222195/0/en/HPQ-Silicon-and-Pyrogenesis-Evaluating-a-Low-cost-and-Environmentally-Friendly-Plasma-Based-Process-to-Manufacture-Fumed-Silica.html HPQ Silicon and Pyrogenesis Evaluating a Low-cost and Environmentally Friendly Plasma Based Process to Manufacture Fumed Silica May 04, 2021 08:00 ET | Source:
HPQ-Silicon Resources Inc. MONTREAL, May 04, 2021 (GLOBE NEWSWIRE) --
HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (
TSX-V: HPQ) (
OTCQX: HPQFF) (
FWB: UGE), an innovative silicon solutions company, is pleased to announce that HPQ and
PyroGenesis Canada Inc. (
TSX: PYR) (
NASDAQ: PYR) (
FRA: 8PY) are actively evaluating the commercial opportunity of developing a plasma process that could convert Silica (Quartz, SiO
2) into Fumed Silica (Pyrogenic Silica) in one step. This new process is a natural evolution from PyroGenesis’ unique plasma-based processes and would be a low-cost and environmentally friendly option. As conceived, the process is expected to eliminate the harmful chemicals presently generated by traditional flame pyrolysis of silicon tetrachloride that are currently used to make fumed silica.
THE MARKET: FUMED SILICA ADDRESSABLE MARKET TO REACH US$ 2.2 BILLION BY 20221 Fumed silica (Pyrogenic Silica) is a white microscopic powder with high surface area and low bulk density. Its commercial applications encompass various industries including personal care, pharmaceuticals, agriculture (food & feed), adhesives, sealants, construction, batteries and automotive to name a few. Demand for Fumed Silica is growing at 6% CAGR, with a global addressable market