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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 prophetoffactzon Jul 09, 2024 3:23pm
253 Views
Post# 36124945

Perplexity Ai on HPQ's partner Evonik

Perplexity Ai on HPQ's partner Evonik Based on the search results provided, I can offer the following information about Evonik Corporation and its fumed silica sales:Evonik is a large global specialty chemicals company with significant operations in the silica market. While the exact sales figures for fumed silica are not directly stated, we can infer the following:
  1. Evonik has a global production capacity for all silica-based products of about 1 million metric tons per year. This includes fumed silica (AEROSIL®) as well as other silica products.
  2. The company invested a sum in the "upper double-digit million euro range" to expand its fumed silica production capacity in Antwerp, Belgium in 2019. This significant investment indicates that fumed silica is an important product line for Evonik.
  3. Evonik considers silica to be part of one of its four strategic growth engines, with above-average market growth expected. The global market for fumed silicas is anticipated to grow by over 4% annually.
  4. In 2011, Evonik as a whole generated sales of around €14.5 billion and employed more than 33,000 people globally. However, it's important to note that this data is from 2011 and may not reflect the current size of the company.
  5. In 2021, Evonik increased prices for all fumed silica products globally by an average of 35%, suggesting strong demand for these products.
While the exact sales figures for fumed silica are not provided, these points indicate that Evonik is a major player in the global fumed silica market, with significant production capacity and ongoing investments in this product line.
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