TSX-V: CST
QUEBEC CITY, Dec. 12, 2018
/CNW Telbec/ - CO2 Solutions Inc. ("the
Corporation") (TSXV: CST), leader in the field of enzyme-enabled
carbon capture technology, is pleased to announce that it has
entered into a research agreement with the Collège
de Shawinigan's Centre National en Électrochimie et en
Technologies environnementales ("CNETE"). CNETE's expertise
lies in the areas of bioprocess, membrane separation technology and
electrochemistry.
Under the terms of the agreement, CNETE will assist the
Corporation in enhancing and managing key components of its enzyme
production process. This will result in a further decrease in the
Corporation's enzymatic carbon capture technology's operating
costs.
Evan Price, President and Chief
Executive Officer of CO2 Solutions, commented, "We are
excited to enter into this beneficial agreement with CNETE. In
addition to bringing additional research resources to the
Corporation, this collaboration is expected to further reduce the
cost of our enzymatic technology, which has already demonstrated
industry-leading advantages in terms of low cost and environmental
impacts."
About CO2 Solutions Inc.
CO2 Solutions is a carbon-tech leader in the
field of enzyme-enabled carbon capture and has been actively
working to develop and commercialize the technology for stationary
sources of carbon pollution. CO2 Solutions'
technology lowers the cost barrier to Carbon Capture, Utilization
and Sequestration (CCUS), positioning it as a viable
CO2 mitigation tool, as well as enabling industry
to derive profitable new products from these emissions.
CO2 Solutions has built an extensive patent
portfolio covering the use of carbonic anhydrase, or analogues
thereof, for the efficient post-combustion capture of carbon
dioxide with low‐energy aqueous solvents. Further information can
be found at www.co2solutions.com. Certain statements in this news
release may be forward-looking. These statements relate to future
events or CO2 Solutions' future economic performance and
reflect the current assumptions and expectations of management.
Certain unknown factors may affect the events, economic performance
and results of operation described herein. CO2 Solutions
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required under applicable law.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE CO2 Solutions Inc.