Verditek PLC Successful First Stage CO2 Capture Test for WES
June 12 2018 - 2:01AM
RNS Non-Regulatory
TIDMVDTK
Verditek PLC
12 June 2018
Verditek PLC
("Verditek" or the "Company")
Successful First Stage CO(2) Capture Test for WES
Verditek plc, (AIM: VDTK), the clean technology company, is
pleased to update shareholders that Westec Environment Solutions
("WES"), in which it is a major investor, is moving into large
scale CO(2) carbon capture testing, marking a significant milestone
on its route to commercialisation.
SINTEF, Westec Environmental Solutions and CMC Research
Institutes' Carbon Capture and Conversion Institute are working
together on the INSPiRE project, to demonstrate the use of a
proprietary precipitating solvent developed by SINTEF in the WES
Regenerative Froth Contactor (RFC). Completion of the first
stage-gate included testing the solvent and RFC absorber at the
SINTEF lab.
All required criteria were met, and the Steering Committee
approved proceeding to the next stage, to include testing at the
larger scale Tiller pilot plant in Trondheim, Norway. Particulars
of the first stage of work will be presented at the GHGT-14
conference in Melbourne, Australia in October 2018.
The RFC technology developed at WES opens the door to
significant size reductions and cost savings for post-combustion
CO(2) capture applications or H2S scrubbing of natural gas
production. WES' RFC technology will be used in the oil and gas
sector, fine chemicals, pharma and cement production.
Geo Nesbitt, CEO of Verditek plc said:
"Working with SINTEF has been a privilege for WES. As one of
Europe's largest independent research organisations, and extremely
well regarded by industry, SINTEF brings world-leading expertise
and credibility to bear in any project. This is an important
milestone in testing our technology and marks a significant step
towards commercialisation. The results help validate the years of
testing in our own pilot plant, as we move diligently towards
delivering a new technology that can help make CO(2) and H2S
removal from any gas stream more economic to adopt. In this way we
hope to help organisations comply with the global COP21 accord, and
the IMO clean fuel initiatives.
Verditek remains dedicated to commercialising innovative clean
technologies that can deliver significant competitive advantage
compared to conventional industrial and residential solutions."
Enquiries:
Verditek plc
Geo rey Nesbitt, CEO +44 (0) 20 7129 1110
enquiries@verditek.com
Stockdale Securities Limited (NOMAD and Broker)
Antonio Bossi / David Coaten + 44 (0) 20 7601 6100
www.stockdalesecurities.com
Strand Hanson Limited (Financial Adviser)
James Harris / Ritchie Balmer / Jack Botros +44 (0) 20 7409
3494
www.strandhanson.co.uk
Whiteoaks International
Mary Fitzgerald +44 (0) 7795 284440
Bekki Bushnell + 44 (0) 7841 698586
verditek@whiteoaks.co.uk
About Verditek
Verditek plc (AIM: VDTK), the clean technology company is
headquartered in London. Verditek is dedicated to commercialising
proven technology that can deliver significant competitive
advantage compared to conventional industrial solutions. From
light-weight solar modules, cutting edge de-odourisation, and
ground-breaking CO(2) capture, Verditek is realising tomorrow's
technologies today.
For further information, please visit www.verditek.com
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END
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