[ad#The Buzz Sponsor Ad]

Solutions 4CO2 Updates on BARD JV

August 23, 2012
AlgaeIndustryMagazine.com

Toronto, Ontario, Canada-based Solutions4CO2 Inc. (S4CO2) has provided an update on its joint venture and design-build-maintain agreements with Bard Holding, Inc. (BARD).

S4CO2 has been informed by the management of BARD that BARD is undertaking a corporate restructuring that may have an adverse impact on its funding plans, which is likely to affect the scope, timing of delivery and general execution of their Agreements. The Agreements provide for BARD’s capitalization of the Canadian joint venture with S4CO2, as well as the roll-out of up to 24 facilities for which S4CO2 is to provide the CO2 gas capture, infusion and control components and the maintenance thereof.

Solutions4CO2 Inc. has a patented system to capture greenhouse gases from waste gas streams. The system uses these gases in the production of high-value co-products derived from microalgae. The company is focused on designing, building, operating and maintaining these waste gas/water to co-product systems in partnership with large emitters and co-product producers.

Currently, the S4CO2 has no further details on BARD’s restructuring or funding plans. The company’s arrangements with BARD are non-exclusive.

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2012 AlgaeIndustryMagazine.com. All rights reserved. Permission granted to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

From The A.I.M. Archives

— Refresh Page for More Choices
The U.S. Department of Energy’s just released 2016 Billion-Ton Report: Advancing Domestic Resources for a Thriving Bioeconomy summarizes the most recent estimates of pote...
Kuo Chia-erh reports for Taipei Times that Taiwan Cement Corp, the nation’s leading cement supplier, has announced plans to expand its microalgae farm, which produces ast...
Judy Siegel-Itzkovich writes in the Jerusalem Post that Dr. Iftach Yacoby and his research team at Tel Aviv University, in Israel, have genetically altered microalgae to ...
For plants and algae that carry on photosynthesis, light can be too much of a good thing. On a bright, sunny day, a plant might only be able to utilize 20 percent or less...
Agcore Technologies LLC, producer of Agcore Spirulina, has announced that their 2016 expansion project to support their growing aquafeed demand is in the completion proce...
If you’re a fan of the television show “Shark Tank”, you won't want to miss the episode that airs this Friday, November 18th 9:00-10:00 p.m. EST on ABC Television, when C...
An unprecedented harmful algal bloom off the coast of New England this fall provided a unique opportunity for Waterville, Maine-based Colby College students studying at B...
Essen, Germany-based Evonik, and Royal DSM, headquartered in Kaiseraugst, Switzerland, have announced their intention to establish a joint venture for omega-3 fatty acid ...
Marlene Cimons, nexusmedianews.com reports that researchers at the University of California San Diego and Sapphire Energy have successfully grown a genetically engineered...
Algatech has announced the opening of Algatech Inc., a New York City-based subsidiary created to serve the North American market. The company has appointed Ken Seguine to...
Will Yeates reports in DailyPlanet.com that an urban “algae farm” producing low-carbon protein and bio-fuel is one of the highlights on show this week at the future energ...
Memory Maninga reports for Zambia Daily Mail that in Mansa, the capital of the Luapula Province of Zambia, spirulina is being grown in ponds in the communities because of...