Delta CleanTech Inks CO2 Capture Deal With Aspen Technology
Delta CleanTech (CSE: DELT) (OTC: DCTIF) (FRA: 66C) announced that it has signed a CO2 capture modeling and cost analysis deal with Aspen Technology (AspenTech). Delta and AspenTech will work on carbon capture design and costs using the Delta PDOEngine® & AspenHysys.
With over 40 years of innovation, Aspen Technology is the largest engineering software company globally, with over 30 locations worldwide. AspenTech has selected Delta for its expertise in CO2 modelling and existing data sets.
Canada’s CO2 capture industry, among other sectors, is making great strides 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 various ways to draw down CO2 that is emitted into the atmosphere.
Source: Delta CleanTech Investor Presentation
Also Read: Delta CleanTech Signs Deal With KISEN to Expand CO2 Capture and Utilization Business Into Chinese Market
Commenting on the AspenTech agreement, Delta CleanTech President Jeff Allison stated:
Dr. Walid ElMoudir, Delta’s Process Engineering Manager, added:
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 worldwide in sequestering, capturing and reducing CO2, and through its Carbon Rx wholly-owned subsidiary is originating, validating, tokenizing, and streaming Carbon Credits.
Shares of DELT stock last traded at $0.30 per share.
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