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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

Post by developbcon May 24, 2023 4:52pm
191 Views
Post# 35462584

Major Leap For Sustainability And Environmental Impact

Major Leap For Sustainability And Environmental Impact

This is bigger than most seem to understand:

 

These figures highlight the significant environmental impact that can be achieved by utilizing the HPQ Polvere Fumed Silica Reactor in key markets. Furthermore, there is a potential for substantial per-tonne reduction in carbon taxes in these markets:

  • In Europe, the current price per tonne of CO2 emissions for manufactured and imported goods is approximately 90 euros4. This implies that traditional producers of fumed silica could potentially reduce their carbon tax by around 450 euros per tonne by upgrading to the HPQ Polvere process.
  • In Canada, the price per tonne of CO2 emissions for manufactured goods is approximately CAD$505, and in Quebec6, it is around CAD$27 per tonne. This indicates that traditional producers of fumed silica, if they adopt the HPQ Polvere process, could potentially reduce their carbon tax by about CAD$250 per tonne in Canada and CAD$137 per tonne in Quebec.

These potential reductions in carbon taxes underscore an additional financial advantages and environmental benefits of embracing the HPQ Polvere Fumed Silica Reactor in these markets.

“The reactor also represents a paradigm shift in Fumed Silica production, pushing the boundaries of sustainability and environmental impact,” Mr. Tourillon added. “The numbers speak for themselves as we envision a future with cleaner and greener manufacturing processes.”

https://hpqsilicon.com/press-release/fumed-silica-reactor-slashes-co2-emissions-in-fumed-silica-production/

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