HPQ Silicon Begins Offtake Agreement Discussions With World’s Largest Fumed Silica Company

HPQ Silicon is on the verge of disrupting the manufacturing process of Fumed Silica and becoming the sole provider capable of satisfying the strong demand for low carbon Fumed Silica products. How disruptive is the HPQ Silicon Process?   Energy Consumption  90% Lower Greenhouse Gases  84-88% Lower Capital Costs 93% Lower Hydrogen Chloride Gas Complete Elimination LOI WITH EVONIK - WORLD’S LARGEST FUMED SILICA PRODUCER Evonik Industries AG is a publicly-listed German specialty chemicals company. It is the second-largest chemicals company in Germany, and one of the largest specialty chemicals companies in the world REVENUES: 12.2 Billion EUR MARKET CAP:  8.97 Billion EUR ($13.2 Billion Canadian) EMPLOYEES: 34,000 UNVEILING FUMED SILICA Fumed Silica, a versatile micro-powder, isn't just another industrial substance. Its potential to reshape numerous industries, from cosmetics and toothpaste to powdered foods, makes it a game-changer across personal care, pharmaceuticals, agriculture, adhesives, construction, batteries, and beyond. Today marks a pivotal advancement towards scaling up the production of fumed silica material. Key highlights include: Progress Update: The pre-commissioning phase has been successfully completed, paving the way for the pilot plant to enter its commissioning stage. Market Impact: The upcoming pilot plant operations are poised to demonstrate the capability to produce commercial-grade fumed silica material, crucial for potential future partnerships and market penetration. The project timeline outlines a phased approach towards achieving operational milestones: Q3 2024: Transition to batch protocol operations, focusing on producing fumed silica material with specific surface areas akin to lab-scale achievements. Q4 2024: Commence semi-continuous operations to produce initial commercial-grade samples, with ongoing testing to ensure quality standards. Q1 2025: Optimization phase targeting food/pharma-grade material production, enhancing the product’s market versatility and application potential. Bernard Tourillon, President & CEO of HPQ Silicon and HPQ Silicon Polvere, expressed confidence in the project’s success: "We are on the verge of demonstrating at pilot scale the incredible potential of our FSR technology. This marks a significant step towards revolutionizing fumed silica manufacturing." The commissioning of the FSR pilot plant represents a pivotal moment for HPQ Silicon Inc., showcasing its dedication to technological innovation and market leadership in the silica and silicon-based materials sector.  A KEY MILESTONE IN COMMERCIALIZATION PROJECT TIMELINE AND OPERATIONAL GOALSCONCLUSION