QUEBEC, Aug. 1 /CNW Telbec/ - CO2 Solution (TSX: CST-V) announces today
the completion of phase 1 of its joint technology development project with the
U.S. multinational The Babcock & Wilcox Company (B&W).
"We are very pleased to have accomplished the first project milestone
within the scheduled time frame set with B&W, stated Mr. Jacques Raymond,
President and CEO of CO2 Solution. Phase 1 has enabled us to identify highly
effective absorption solutions for the adaptation of our enzyme based
technology for CO2 capture to the coal fired power plant environment."
"We are enthusiastic about immediately starting the next step of the
pilot plant project, added Mr. Raymond. This second phase will consist of
determining the optimal operating conditions of the absorption and desorption
processes for the conception of the pilot plant at the B&W site."
About Babcock & Wilcox
Headquartered in Barberton, Ohio, for more than 140 years, The Babcock &
Wilcox Company (B&W) has been supplying innovative solutions to meet the
world's growing energy needs. With power generation systems and equipment
found in more than 800 utilities and industries in over 90 countries, B&W is
truly powering the world.
B&W is a unit of McDermott International, Inc., (NYSE: MDR) a leading
worldwide energy services company. McDermott subsidiaries manufacture
steam-generating equipment, environmental equipment, and products for the U.S.
government. They also provide engineering and construction services for the
offshore oil and natural gas industries. McDermott has over 20,000 employees.
About CO2 Solution
Headquartered in Quebec City, CO2 Solution's mission is to become the
leader in the conception, development, production and marketing of products
and services directed at the management and neutralization of carbon dioxide
and other greenhouse gases. CO2 Solution, which follows the principles of
sustainable development, has developed an innovative enzyme-based
technological platform that operates by biologically capturing and
transforming CO2 into an environmentally safe substance. CO2 Solution's
enzyme-based technology platform is an important contribution to global
efforts to fight climate change.
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For further information:
For further information: Jacques Raymond, President and Chief Executive
Officer, (418) 842-3456; Source: CO2 Solution