Outstanding Shares: 94,287,836
As announced on
In more recent tests, the enzyme-based solvent operating in the NeuStream® system achieved CO2 capture efficiency comparable to some of the better amines. This kinetic performance when combined with the energy-efficient properties of the enzyme-based process, is expected to deliver substantially lower operating costs relative to the best amine-based CO2 capture systems. The enzyme-based solvent is also more environmentally sustainable compared to conventional amines by eliminating carcinogenic aerosols and other amine related pollutants. Additionally, through significantly reduced equipment sizing, the NeuStream® system provides low capital costs and a much smaller system footprint.
Because of these excellent results, CO2 Solutions and NSG have decided to accelerate preparations for the previously announced operation of a pilot facility in
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, Sequestration and Utilization (CCSU), 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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