Quebec City and Colorado Springs, CO: CO2 Solutions Inc., a developer of enzyme-enabled carbon capture technology, announced June 17 that it had entered into a Collaboration Agreement with Colorado-based Neumann Systems Group, Inc., an emissions control solutions provider.
Under the terms of the agreement, CO2 Solutions and NSG will demonstrate a combination of their two proprietary technologies at pilot scale in what is expected to be a significantly lower cost process for the capture of CO2 from industrial effluent gases. Following this pilot, the companies anticipate co-marketing a combined solution for profitable application in enhanced oil recovery (EOR) and other existing and new CO2 sequestration and reuse markets.
The pilot combines CO2 Solutions’ enzyme-based technology with NSG’s high mass transfer gas-liquid contactor technology, known as NeuStream®. NSG says its technology has a significantly smaller footprint than current technologies, with development to date demonstrating the potential to reduce CO2 capture equipment capital costs by up to 50 per cent.