TSXV:HPQ - Post Discussion
Post by
Thinkbigsti69 on Aug 28, 2024 11:00am
FUDSTERS want your shares
@ordos From the NR on the LOI: The objective of the LOI is for HSPI to collaborate with Evonik during the pilot scale phase to validate the ability of the FSR to produce low-cost low carbon material acceptable to Evonik’s specifications. This will be a scaling up of the process from HSPI’s first-generation samples which have already proven to satisfy the Evonik specifications. “Regarding the collaboration on testing fumed silica material, HSPI can leverage the more than 80 years of experience in manufacturing and selling fumed silica materials that Evonik has and represents an incredible opportunity for HSPI as we work diligently to optimize our Fumed Silica Reactor " added Mr. Tourillon. https://ceo.ca/@GlobeNewswire/hpq-silica-polvere-signs-letter-of-intent-with-evonik 0
@ordos This is not to just an intention to send samples, they sent samples before many times, they didn't need any LOIs for that. This LOI is a precursor to offtake agreement and collaboration on commercial plant development. There is much more to this, I am sure. As Bernard said: "Evonik is a gift that will keep on giving".
Be the first to comment on this post