HPQ Secures 3rd Fumed Silica NDA With Industry Participant. Ongoing Discussions Offer Potential Commercialization, Including Commercial-Scale Offtake Agreements

If you believe in the overwhelming need to reduce the carbon footprint in the manufacturing of all goods we use every day, then you’re going to love this interview with HPQ Silicon, a technology company specializing in green engineering processes for silica and silicon material production. 

Over the past several months HPQ has been making waves in the technology and materials industry with its ground-breaking advancements in green engineering processes, which is evidenced by multiple NDAs with leading manufacturers in the Fumed Silica space. 

“While success is never guaranteed, the preliminary feedback and ongoing discussions offer the promise of potential commercial partnerships with our HPQ Polvere venture, including commercial-scale offtake agreements and/or technology adoption."

WHAT THE HECK IS FUMED SILICA?  

Fumed silica serves as a universal thickening agent and an anticaking agent (free-flow agent) in powders. Now that doesn’t sound very sexy but its uses include cosmetics, toothpaste and as an anticaking agent in powdered foods.

HOW BIG IS THE MARKET?  

In 2022, sales of Fumed silica reached US$1.3 billion OR 16% of the total US$7.8 billion Specialty Silica Market, which is expected to grow to US$13.4 billion by 2030. 

THE HPQ ADVANTAGE - LOWER ENERGY AND CARBON FOOTPRINT

What sets HPQ Silicon apart is its proprietary green engineering process that reduces energy consumption by a staggering 86%. This not only lowers production costs but also significantly reduces the carbon footprint for customers. In a world increasingly concerned with environmental sustainability, HPQ's approach is a game-changer.

RECENT SUCCESSES - NDAs WITH MAJOR INDUSTRY PLAYERS

Despite only declaring itself ready to ship samples to 3rd parties for evaluation this past summer, HPQ Silicon has already secured multiple Non-Disclosure Agreements (NDAs) with leading manufacturers in the fumed silica space. These NDAs are a clear indication of the growing interest in HPQ's commercial-grade silica material.

The company's journey towards commercialization has been so swift that Fumed Silica is now the product in HPQs stable to most likely reach commercialization first. Specifically, they announced their readiness to send samples in July 2023 and by October 2023, they have already secured their third Fumed Silica NDA. 

This rapid progression shows that the industry is taking note of HPQ's innovative approach to lower costs and carbon footprints for customers.

NAVIGATING NDAS WITH INDUSTRY GIANTS

HPQ's success in securing NDAs is a testament to their strategy. They understand the power of building interest and momentum by communicating their actual achievements. As they produce commercial-grade silica material, interest in their innovative technology surges.

“The increasing interest in our fumed silica material, demonstrated by numerous requests for samples under these numerous NDAs, validates our technological potential within the industry, which is a big boost in our confidence of the commercial capabilities of our process and products,”

The negotiations around these NDAs show HPQ's commitment to protecting their interests while ensuring they can talk about their accomplishments from a position of strength, something that is uncommon for most newcomers to any industry, which further demonstrates the power of their offering.

EXPANDING THE ADDRESSABLE MARKET

One exciting development is HPQ's ability to produce various other types of silica materials, including precipitated silica and fused silica, using the same equipment. This effectively triples the potential market for their technology. This versatility in their offering is another factor that makes HPQ Silicon attractive to potential partners and investors.

A PATH TO COMMERCIALIZATION

HPQ Silicon's journey to commercialization is well underway. With the pilot plant expected to be operational in Q1 or Q2 of 2024, the company is on the verge of introducing their sustainable technology to the market. The scalability milestone, which is the final hurdle, seems well within reach.

WHY HPQ SILICON IS A COMPANY TO WATCH

HPQ Silicon is uniquely positioned to meet the growing demand for sustainable production processes. They offer a technology that reduces costs, carbon footprints, and environmental taxes, aligning perfectly with the global trend towards greener, more sustainable manufacturing practices.

As the market catches up with the significance of HPQ's innovations, there's a strong likelihood of further announcements and partnerships in the near future. 

“As our process gains more industry visibility, we expect continued interest in fumed silica production technology and our Specialty Silica Materials potential.”

HPQ is well-equipped to navigate these opportunities, and their commitment to mitigating risk and increasing profitability makes them an attractive investment prospect.

CONCLUSION

HPQ Silicon's journey is not only a testament to their technological prowess but also a demonstration of their forward-thinking approach to sustainability and industry leadership. As they move closer to commercialization, HPQ Silicon is a company that investors should keep a close eye on. 

Now sit back, relax and watch this powerful interview with Bernard Tourillon, Chairman, President, and CEO of HPQ Silicon Inc.