CO₂ Solutions CTO Presents LCA Results at CCUS Conference
Comparing life cycle assessments of CO₂ Solutions enzymatic technology with amine and UNO MK3 capture technologies
Quebec City,March 20, 2018
– CO₂ Solutions Inc. (TSX-V: CST), the leader in the field of enzyme-enabled carbon capture technology, announced that its CTO, Richard Surprenant, today will be presenting the results of a life cycle assessment (LCA) of the Corporation’s technology at the Carbon Capture, Utilization and Storage (CCUS) Conference in Nashville, TN.
Mr. Surprenant will present the findings of an LCA study, prepared in collaboration with a third party, of existing carbon capture technologies such as the Corporation’s enzyme-enabled carbon capture technology, an amine-based capture technology and the UNO MK3 capture. The results of this study demonstrate by a wide margin the smaller environmental footprint of the enzymatic technology.
“We are proud to present the results of the LCA study on our technology at the CCUS Conference,” said Evan Price, President and Chief Executive Officer of CO₂ Solutions. “Our enzymatic process stands out among other CO₂ capture technologies not only because it is low-cost and demonstrated at large scale, but also because of its small environmental footprint. We invite other companies endeavouring in the carbon capture and utilization industry to publicly present and publish the life cycle assessments of their technologies.”
Mr. Surprenant’s presentation at the CCUS conference is posted on CO₂ Solutions’ website and the LCA study prepared will be posted at a later date once its format is completed. Further information on the event can be found at http://www.ccusconference.com
About CO₂ Solutions Inc.
CO₂ Solutions is an innovator 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
CO₂ Solutions Forward-looking Statements
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.
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