Outstanding shares: 79,187,836
QUEBEC, Sept. 14, 2011 /CNW Telbec/ - CO2 Solution Inc. (TSXV: CST) announced today that the company will make a
presentation on Enzymatic CO2 Capture: A Sustainable Chemistry Opportunity; highlighting CO2 Solution's patented enzymatic technology platform that enables the
efficient capture and mitigation of carbon dioxide from the effluent
gases of fossil fueled power plants and other emissions intensive
The presentation is being made at the GreenCentre Canada Sustainable
Chemistry Summit 2011 taking place in Kingston, Ontario, Canada on
September 17th at 10:10 a.m. Eastern Time. Presenting will be Jonathan
Carley, Vice-President, Business Development, CO2 Solution. The presentation will provide the basis of the technology,
details of industrial scale-up collaborations, as well as CO2 Solution's experiences in developing and commercializing this
technology in the context of the Canadian and global clean technology
Enzymatic CO2 capture technology can overcome the cost challenges associated with
conventional CO2 capture methods, while leveraging existing chemical processes already
known to the industry, providing an effective path to market. Recent
announcements made by CO2 Solution's enzyme development partner, Codexis, Inc. (NASDAQ: CDXS),
elaborated on the development of customized carbonic anhydrase (CA)
enzymes that could catalyze carbon capture under industrial conditions.
Data showed CA performance has been improved by about two million fold
over natural forms of the enzyme. Evolved CA enzymes are functional
and stable in relatively inexpensive energy efficient solvents. Use of
carbon capture solvents with fully developed enzymes is expected to
substantially reduce the costs and energy requirements to capture CO2 produced by coal-fired power plants and other large industrial sources.
About the Sustainable Chemistry Summit:
The Sustainable Chemistry Summit: From Lab to Market offers a rare,
firsthand look at green chemistry's innovators and their work in
university research labs and in industry. Aimed at industry,
researchers and commercialization professionals, the three-day
gathering will highlight new directions in green chemistry research and
product development. The Summit is presented by GreenCentre Canada, a
national Centre of Excellence for commercializing early-stage green
chemistry discoveries generated by academic researchers and industry.
Funded by the province of Ontario, the Government of Canada, and
industry sponsors, GreenCentre Canada is dedicated to developing
environmentally friendly alternatives to traditional chemical and
manufacturing products and practices. It is governed and operated with
the assistance of industry sponsors from across the chemical value
Further information can be found at http://www.greencentrecanada.com/summit/index.html.
About CO2 Solution Inc.
CO2 Solution is an innovator in the field of enzyme-enabled carbon capture
and has been actively working to develop and commercialize the
technology for power plants and other large stationary sources of
carbon pollution. In the process, CO2 Solution 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 about CO2 Solution can be found at www.co2solution.com.
CO2 Solution Forward-looking Statements
Certain statements in this news release may be forward-looking. These
statements relate to future events or CO2 Solution's 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 Solution 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
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 SOLUTION INC.
For further information:
418-842-3456, ext. 223