If you want to get a signed/stamped version of Terms & Conditions, please contact us.
Our office is in Ho Chi Minh City – please feel free to visit.
Address: Room 33, 3rd floor, Indochina Park Tower | 04 Nguyen Dinh Chieu St., DaKao Ward, District 1, Ho Chi Minh City, Vietnam
Tel. +84 28 62564470, fax +84 28 62564472
Soft cap lets us start with a minimum feasible production capacity (500TPA). At the same time, demand from our buyers is over 10,000TPA which is 20 times higher. In our aggressive development plan, we aim to produce 30,000TPA in the next 5 years. So if we raise more now, we will be able to increase production capacity much faster. We also want to add another grade product (STD) that is needed by our buyers.
For the time-being, we can safely go up to 10,000TPA just to meet confirmed existing demand.
The soft cap is USD1,650,000 which will be enough for a 500 tpa (ton per annum) production line.
The more we raise, the higher production capacity we start with.
We can safely grow to 10,000 tpa and more as current confirmed demand from our buyers is higher.
HPQ = High Purity Quartz = High Purity Silica = High Purity Silicon Dioxide (SiO2)
Quartz, also known as silicon dioxide or silica, SiO2, is one of earth’s most abundant minerals and occurs in many different geological settings. It is best-known for its use in glass manufacturing, but also has uses across a variety of industries requiring differing levels of SiO2 content. It is a necessary element for the production of any modern gadget – for example, mobile phones.
HPQ is usually a white powder. It can be defined as having at least 99.995% SiO2 content. However, the main focus is always on the non-SiO2 content of the quartz.
HPQ is broken down into different categories depending on the impurities found in the quartz. 5N has a purity of ‘five nines’ – 99.999%. i.e contains 10 parts per million (ppm) of impurities (0.001%), 6N is six nines – 99.9999%. i.e contains 1 part per million (ppm) of impurities (0.0001%). The impurity level is highly critical for high tech industries. For buyers, even ten ppm purity difference matters. That is why 99.998% is much more expensive than 99.997%. Higher purity means lower impurities content of critical impurities like P, B, Li, Al, etc.
HPQ is the basic material for electronic, optical, lighting and solar (PV) industries. It is used in solar elements, semiconductors, optical fibres, lenses, crucibles, telecommunications, etc.
This is a special room that is assembled inside of the workshop to keep the needed environmental standards (low dust, etc.) – that is why it is called “clean”. It is like the inside of an operation room at a hospital.
We need this room to prevent any impurities from entering the product/production process from outside, so that we can keep the purity until we have packed the quartz.
Here is some more information: https://en.wikipedia.org/wiki/Cleanroom and http://www.cleanairtechnology.com/cleanroom-classifications-class.php
- We don’t require pre-mined quartz – we can use sand of nearly any quality as the raw material. There is no need for quartz mines and expensive materials
- Purity is not limited by technology – it is only limited by the production environment
- No requirement for very high temperatures
- No requirement for hazardous chemicals so no hazardous waste
- Most reagents are recycled and re-used
- We have less steps than in the standard technology process
- Low production cost
- Higher quality / purity of the product
We have visited or contacted nearly every local bank in Vietnam and in Singapore. None of the banks we visited are willing to finance “green field” projects like ours without full collateral. As a general rule, we need to have collateral worth at least double the amount that we want to receive from a bank. That means that if we need USD1.65m we need to have assets worth at least USD3.3m to obtain financing.
We have a JV offer from a Vietnamese government backed corporation and also JV offers from Vietnamese private investors. However, we feel these options are quite risky for us as there is a possibility to lose the technology (know-how) and control over the company (please refer to Vietnamese JV laws). We also have offers from European, Russian and American investors which require us to give away the majority of equity in our project. We want to keep maximum control over the company in order not to lose motivation and to prevent further equity dilution in the future. In other words, we want the company to remain ours and to ensure that our team is fully aligned. We have a great vision for the company, really believe in the strength of our team, and have a 100% interest to develop our project, increase capacity and continue R&D.