RE:HPQ Silicon PUREVAP™ Quartz Reduction Reactor Pilot PlantPurevap Gen 3 QRR now operational....Ready to disrupt Si manufacturing industry...is all the key words that is music to my ears.
Long and strong Pyrogenesis and HPQ!!!
“With the PUREVAPTM GEN3 QRR pilot plant functional, HPQ is ready to disrupt Silicon manufacturing, an industry that still relies on a traditional process developed in 1899 to make silicon. The PUREVAPTM QRR pilot plant could not have come online at a more opportune time. Demand for traditional silicon is estimated to exceed 3.8 million tonnes by 20253. This represents an addressable market worth over US$ 10 billion based on historical average selling price for 5.5.3 Si (98.5% Si) of US$2,600 per Tonne3, or over US$ 38 billion based on the average spot price for 5.5.3 Si of US$10,000 per Tonne obtained during Q4 2021 and Q1 20224. These numbers do not include demand that is about to come online for high purity silicon from the battery and high-performance material companies just as bottlenecks we had foreseen are now occurring in the silicon supply chain,” said Mr. Bernard Tourillon, President and CEO of HPQ Silicon. Mr. Tourillon further stated, “With ESG principles playing an active role in materials sourcing, and recent geopolitical unrest emphasizing the need for stable trade partners and security of supply, the world is more aware of the difficulties in securing the ESG compliant Silicon needed to meet its renewable energy goals. The reality of chronic underinvestment in new technologies combined with the offshoring of Silicon production capacity, has created a massive opportunity for HPQ and its PUREVAPTM QRR patented process. HPQ is the only company to bring to market a new process for making Silicon that is perfectly suited to the new demands and realities of the Silicon market.”