Click here for more information about Algenuity
Click here for more information about Liqofluxphenometrics515R1
Visit cricatalyst.com!Evodos Separation Technology

Scale Up

Stelco and Pond Technologies to build commercial CO2 abatement plant

December 11, 2017
AlgaeIndustryMagazine.com

Stelco Algae Holdings Inc., a wholly owned subsidiary of Stelco Inc., one of Canada’s leading integrated steel companies, and algal cultivation specialists Pond Technologies Inc., of Markham, Ontario, Canada, have announced their collaboration for the construction of what they claim to be the world’s first commercial algae plant utilizing industrial greenhouse gas emissions. The plant will be located at Stelco’s Lake Erie Works steel mill in Nanticoke, Ontario and will be completed in Q4 2019 with engineering and construction work from SNC-Lavalin Inc.

The project will receive $5 Million in grant funding from the Ontario Centres of Excellence (OCE) and the Target GHG Program. The Target GHG Program is helping Ontario meet its Greenhouse Gas emission reduction targets, by encouraging large industrial emitters to adopt leading-edge technology.

The $13.9 Million algae facility will decrease Stelco’s carbon footprint, and generate revenues from the sale of algae grown using GHGs. “Pond’s latest project with Stelco will showcase our algae growth platform and clearly demonstrate that industrial facilities can use our technology to decrease their carbon footprint, while transforming their GHGs into significant revenue streams,” said Steve Martin, CEO of Pond Technologies. “We are grateful for the recognition and financial support of the Ontario Government to help establish homegrown, sustainable solutions.”

Pond Technologies Inc. has developed what they describe as a universal algae growing platform that converts CO2 from virtually any source into algal-based commercial products. As a pollution abatement technology, the algae growing platform converts the CO2 found in the untreated stack gas of industrial emitters into biofuels, animal feeds and natural fertilizers. For the nutraceutical market, Pond’s algae-growing platform transforms food-grade CO2 into high value algae strains such as Chlorella, Spirulina and Astaxanthin.

“Stelco’s partnership with Pond Technologies represents not only a substantial contribution to the future of Ontario’s circular economy, but also demonstrates the potential for the steel industry to utilize science and innovation to make significant reductions in greenhouse gas emissions,” said Sujit Sanyal, Stelco Chief Operating Officer.

“With the support of the Ontario Centres of Excellence through the TargetGHG program, we will continue to work with Pond to demonstrate the commercial viability of this technology and transform carbon into a value-added resource. Our intention is to divert thousands of tons of carbon from our operations while making Stelco more competitive and environmentally sustainable,” he said.

Ontario’s Minister of Research, Innovation and Science, Reza Moridi, added that, “Supporting the efforts of large industries to reduce their greenhouse gas emissions is an important part of our government’s Climate Change Action Plan. With the help of our province’s innovative cleantech companies, the TargetGHG program will help build a prosperous, low carbon economy and create a cleaner, more sustainable future for Ontario.”

More Like This…

HOME A.I.M. Archives

Copyright ©2010-2018 AlgaeIndustryMagazine.com. All rights reserved. Permission required 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.

twittertopbarlinks_eventstopbarlinks_requesttopbarlinks_archives

From The A.I.M. Archives

— Refresh Page for More Choices
Monica Jain of Fish 2.0 writes in National Geographic about how the algae brand is about to undergo an image makeover, and may soon seem flat-out glamorous — once again. ...
The recent announcement by the U.S. Department of Energy (DOE) of three projects to receive up to $8 million, aimed at reducing the costs of producing algal biofuels and ...
A Bay Area company has patented a group of three single-celled, algae-like organisms that, when grown together, can produce high quantities of sugar just right for making...
Researchers at ETH Zurich, Empa and the Norwegian research institute SINTEF are pursuing a new approach to treating arthritis. This is based on a polysaccharide, a long-c...
The Department of Energy has just announced $22 million in funding through the Advanced Research Projects Agency-Energy (ARPA-E) for 18 innovative projects as part of the...
Sex self-destruction represents a fascinating new scientific mystery that includes climate chaos, ghost forests, temperature spikes, fierce storms, colossal nutrient coll...
The United States Department of Energy (DOE) announced that the University of New England was awarded a three-year, nationally competitive research grant for $1,321,039 f...
Cyanotech Corporation a leader in microalgae-based, high-value nutrition and health products, announced financial results for the third quarter and first nine months of f...
42 Technology has been appointed by LabXero, acoustic particle filtration technology company, to help develop pilot-scale biomanufacturing equipment that could significan...
Globally, an increase in water pollution is pushing scientists and environmental care specialists to seek best ways of preserving and maintaining sources of safe drinking...
The Natural Algae Astaxanthin Association (NAXA), headquartered in Spring, Texas, has announced that Chile-based Atacama Bio is its newest executive member. Atacama Bio h...
French researchers have been exploring the potential of algae for boosting the immune systems of animals and reducing the use of antibiotics in livestock farming. Past st...