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Green tech innovator signs NDA with leading fumed silica manufacturer

Industrial, Market News, Technology
TSXV:HPQ
25 May 2023 09:17 (EDT)

Source: HPQ Silicon.

Green tech innovator HPQ Silicon is announcing a significant development with its fumed silica initiative.

Subsidiary HPQ Silica Polvere and technology provider PyroGenesis have signed a non-disclosure agreement (NDA) with a leading fumed silica manufacturer.

The parties will now assess the characteristics of fumed silica material produced by HPQ Polvere’s fumed silica reactor against commercially available material manufactured by the potential client.

The evaluation process begins with samples from five fumed silica reactor lab-scale tests, followed by subsequent samples produced by the pilot plant.

“The early interest expressed by a leading fumed silica manufacturer is a testament to our progress and the value of our efforts,” said Bernard Tourillon, President and CEO of HPQ Silicon and HPQ Polvere. “It validates our strategic decision to enter this sector, and we are proud to participate in this unique opportunity.”

HPQ Silicon is a Quebec-based developer of new green processes crucial to make the critical materials needed to reach net-zero emissions.

HPQ Silicon (TSXV:HPQ) last traded at $0.205 per share.

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