Canada NewsWire
QUEBEC CITY, Dec. 12, 2018
TSX-V: CST
QUEBEC CITY, Dec. 12, 2018 /CNW Telbec/ - CO2 Solutions Inc. ("the
Corporation") (TSXV: CST), leader in the field of enzyme-enabled carbon capture technology, is pleased to announce that it has
entered into a research agreement with the Collège de Shawinigan's Centre National en Électrochimie et en Technologies
environnementales ("CNETE"). CNETE's expertise lies in the areas of bioprocess, membrane separation technology and
electrochemistry.
Under the terms of the agreement, CNETE will assist the Corporation in enhancing and managing key components of its enzyme
production process. This will result in a further decrease in the Corporation's enzymatic carbon capture technology's operating
costs.
Evan Price, President and Chief Executive Officer of CO2 Solutions, commented, "We
are excited to enter into this beneficial agreement with CNETE. In addition to bringing additional research resources to the
Corporation, this collaboration is expected to further reduce the cost of our enzymatic technology, which has already
demonstrated industry-leading advantages in terms of low cost and environmental impacts."
About CO2 Solutions Inc.
CO2 Solutions is a carbon-tech leader 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. 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.
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