Delta CleanTech Signs Deal With KISEN to Expand CO2 Capture and Utilization Business Into Chinese Market
On January 16, 2022, Delta CleanTech (CSE: DELT) (OTC: DCTIF) (FRA: 66C) held a signing ceremony in Beijing to announce its new Carbon Capture, Utilization and Storage (CCUS) business development agreement with Chinese firm Nanjing Kisen International Engineering Co. (KISEN).
The milestone deal will see Delta expand its CO2 capture and utilization operations into the rapidly growing Chinese CO2 mitigation market.
Commenting on the company’s KISEN deal, Delta CleanTech President Jeff Allison stated:
Also Read: Delta CleanTech’s Big Solution to China’s Huge Carbon Problem
At the virtual signing ceremony, Kisan Chairman: Mr. Jianhua Feng, and Delta’s Chairman: Mr. Lionel Kambeitz, exchanged messages identifying the importance of CCUS and the need for robust and proven CO2 capture technology. Mr. Kambeitz applauded Mr. Feng’s leadership for the focus and progress that KISEN has demonstrated in climate change mitigation in China, particularly as it relates to the cement industry, which has been identified as a high-value target industry for CO2 capture and utilization.
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- Germany | FRA: 66C
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