QUEBEC CITY, Sept. 8, 2016 /CNW/ - CO2 Solutions Inc. (the "Corporation") (TSX-V:CST), the leader in the field of enzyme-enabled carbon capture technology, today announced it has received a notice of allowance for the patent entitled: Process for Capturing CO2 from a Gas using Carbonic Anhydrase and Potassium Carbonate.
The patent adds even more depth to CO2 Solutions' already-extensive U.S. patent portfolio, providing broad coverage for carbonic anhydrase accelerated processes for carbon capture using a potassium carbonate solution. Potassium carbonate is a highly stable and benign CO2 capture solvent. Unlike amine-based capture processes, it has no toxic degradation products or waste issues. Additionally, the Corporation's proprietary technology significantly reduces operating costs relative to amine-based systems by utilizing low-grade nil-value heat for solvent regeneration, rather than high-cost steam. CO2 Solutions believes the patent will have significant value especially relative to the use of carbonic anhydrase to improve CO2 absorption and desorption in a CO2 capture process based on the use of potassium carbonate solutions.
Evan Price, President and Chief Executive Officer of CO2 Solutions, stated, "This patent is yet another element in our robust intellectual property portfolio which we believe effectively covers all viable routes to commercialization of carbonic anhydrase enzyme-based systems for carbon capture."
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, 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.
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 Solutions Inc.
For further information: Investor Relations and Media Contact: CO2 Solutions: Thom Skinner, 418-842-3456, ext. 223, [email protected], www.co2solutions.com; or NATIONAL Equicom: Marc Lakmaaker, 416-848-1397, [email protected]