Glass Industry News

Canadian Premium Sand Inc. Announces Receipt of Final Environment Act Licence and Provides an Operational Update

, Canadian Premium Sand

Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce the receipt of an Environment Act Licence for its Wanipigow sand extraction and processing facility and provide an operational update regarding its development of North America’s first vertically integrated patterned solar glass manufacturing facility (the “Project”).

Environment Act Licence

The Company’s Notice of Alteration application was approved by the Manitoba Environment and Climate Department on July 27, 2023. The new Environment Act Licence permits the Company to construct and operate its proposed Wanipigow extraction and processing facility which will supply rare, low-iron silica sand to the Company’s patterned solar glass manufacturing facility in Selkirk, Manitoba.

“The receipt of the Environment Act Licence for Wanipigow marks another important milestone for the Company,” stated Company President & CEO, Glenn Leroux. “Following the earlier issuance of an Environment Act Licence to construct and operate our patterned solar glass manufacturing facility, the Company is now in receipt of all required environmental permits to start construction of the Project.”

Operational Update

In addition to the environmental licence activities, the Company continues to prepare for the construction and operational phases of the Project. Specifically, the Company executed a utility engineering and procurement agreement with Manitoba Hydro that secures certain long-lead items including voltage transformers and enables CPS to maintain its planned construction schedule. The Company also commenced further geotechnical work on the Selkirk site which advances a critical path item in the development of the Project. Finally, the Company completed a Phase 1 environmental assessment of the Selkirk site which confirmed no contamination or environmental issues.

The Company, under the direction of Mr. Dana Partridge, Vice President, Glass Operations, has begun identifying candidates for the key operational roles and commenced the development of standard operating procedures for the manufacturing facility in preparation for commissioning and operational ramp-up.

Finally, the Company continues to progress commercial offtake agreements within a rapidly expanding market. In addition to the Company’s current binding agreements that represent a minimum of 62% of planned output, CPS has advanced discussions with new customers with an objective to reach 100% contracted status prior to construction. Since Q1 2023, there have been several public announcements from solar panel manufacturers for new or expanded facilities. In aggregate, these new facilities represent an additional 29GW of potential incremental demand for patterned solar glass and bring the Company’s current estimate of market demand to over 100GW by 2027.

Once operational, the Project will supply patterned solar glass for 6GW of panel manufacturing capacity in North America and with first mover advantage, the Company is seeking alignment and long-term relationships with the highest quality counterparties.

, © Canadian Premium Sand

Notícias sobre o material do site é copyright e pertence à empresa ou ao seu fornecedor de terceiros notícia, e todos os direitos reservados. Qualquer usuário que acessa esse material poderá fazê-lo apenas para seu próprio uso pessoal, bem como a utilização desse material é de risco exclusivo do Utilizador. A redistribuição ou exploração comercial de material tal notícia é expressamente proibida. Se tal notícia material é fornecido por um terceiro, cada utilizador concorda em observar e estar vinculado aos termos específicos de utilização aplicáveis a material notícia. Nós não representamos nem endossamos a precisão ou confiabilidade de qualquer informação contida em qualquer notícia ou sites externos referidos na notícia.

Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.



Info Grid

Glass studies

Updated worldwide glass study 2024

plants.glassglobal.com

Updated hollow glass study 2024

Request more information

Updated float glass study 2024

Request more information

Further glass market studies

Request more information

Perfil da Empresa



Updated worldwide glass market study 2024 available now for flat, container glass and tableware

We have updated our international studies on flat glass, container glass and tableware for 2024.

This unique software provides a global overview about glass producers and technical details. Easy to use and clear tables summarize information and data about glass makers such as: Glass types: flat glass, container glass, tableware, production capacities in regions and countries, number of furnaces, furnace types, year of construction, glass types and sub-types, products, project information, special news and downloads.

Further databases supplying demoscopic data and import and export data complete the market survey. Based on these data, prepare individual country profiles with information about local production capacities, local market sizes and expected demand in the future.

Request your offer via plants.glassglobal.com.

Updated container glass study 2024

X

Updated float glass study 2024

X

Further glass studies and reports 2024

X