(TheNewswire)
Calgary, Alberta – TheNewswire - February 9, 2022 —Delta CleanTech Inc. (“Delta” or the “Company”) (CSE:DELT); (CNSX:DELT.CN);(FRA:66C); (OTC:DCTIF) announced today that Delta and Aspen Technology Inc. (“AspenTech”) have entered into an agreement pertaining to CO2 capture modeling and cost analysis. Delta and AspenTech will work on carbon capture design and costs using the Delta PDOEngine® & AspenHysys.
Canada’s CO2 capture industry among other industries is making great strides in an effort to reach net-zero emissions by 2050, including new regulations, joint ventures within the industry, and pricing on greenhouse gas emissions. The CO2 capture industry is highly focused on developing a variety of ways to draw down CO2 that is emitted into the atmosphere
“AspenTech is regarded as a leader in process design engineering and simulation with over 40 years of experience. Delta is pleased to be participating in this new collaboration. Delta has a specific vision of what’s ahead in 2022, as well as the coming years, and by forging new partnerships and projects with organizations such as AspenTech, Delta is sure to contribute to the advancement of those efforts in reaching net-zero emissions,” said Mr. Jeff Allison, President of Delta CleanTech.
Dr. Walid ElMoudir, Delta’s Process Engineering Manager, commented “We are pleased that our data and work have been recognized and utilized by AspenTech Inc. This demonstrates the trust that AspenTech has in our work and our expertise as a CO2 capture leader and technology provider.”
Delta CleanTech Inc. is a 15-year ESG-driven, recognized global technology leader in CO2 Capture, Decarbonization of Energy, Solvent & Glycol Reclamation, Blue Hydrogen Production, and Carbon Credit Aggregation and Management. Delta continues to provide solutions to clients all over the world in sequestering, capturing, and reducing CO2and through its Carbon Rx wholly owned subsidiary is originating, validating, tokenizing, and streaming Carbon Credits.
About Aspen Technology Inc.With over 40 years of innovation, Aspen Technology is the largest engineering software company in the world with over 30 locations worldwide and has selected Delta for the expertise in CO2 modelling and existing data sets
For more information contact:
Jeff Allison, President
Phone: 306‐352-6132
Cell: 306-530-6025
E‐mail: jallison@deltacleantech.ca
Forward Looking Statements
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which are based upon Delta’s current internal expectations, estimates, projections, assumptions and beliefs and views of future events. Forward-looking information can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "will", "should", "intend", "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. Forward-looking information include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. Specifically, this news release contains forward looking information relating to trading of the Company’s common shares on the CSE, the Company's engagement with investors going forward, among others.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
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