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PyroGenesis Canada Inc
Symbol PYR
Shares Issued 167,384,455
Close 2021-09-10 C$ 5.08
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Globe says HPQ, PyroGenesis aim for green fumed silica

2021-09-13 08:55 ET - In the News

See In the News (C-HPQ) HPQ-Silicon Resources Inc

The Globe and Mail reports in its Monday, Sept. 13, edition that fumed silica is a light, white, fluffy powder used as a thickening agent in many of the goods Canadians consume daily. The Globe's Irene Galea writes that typical methods of producing fumed silica are known to pollute the environment. Also, most fumed silica is produced by American, German or Chinese companies, so transportation can add to emissions. Now, two Montreal-based companies are developing a new method for processing fumed silica they say could reduce emissions by 86 per cent. They say this would make them the only companies to produce fumed silica in Canada, and the first to use plasma technology to manufacture it. HPQ Silicon Resources and plasma processes specialist PyroGenesis Canada say using plasma technology to convert the silica into fumed silica, instead of using powerful flames and chemicals, could be the next step in making the material greener. The company claims this new process could revolutionize the manufacturing of fumed silica, while repatriating production back to North America. It also said the global fumed silica market is expected to grow from $1.5-billion (U.S.) in 2016 to $2.2-billion (U.S.) in 2022.

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