ATProX to carry out a technical and financial feasibility study for high-grade CO2 capture within a Canadian process industry and its reuse in the market.
Carbon capture and storage (CCS) is a combination of technologies designed to prevent the release of CO2 generated through conventional power generation and industrial production processes by injecting the CO2 in suitable underground storage reservoirs. The aim is to prevent the release of large quantities of CO2 into the atmosphere from heavy industry. It is a potential means of mitigating the contribution to global warming and ocean acidification of carbon dioxide emissions from industry and heating.
The Canadian process industry produces about 30,000 tons of CO2 per year. ATProX has identified the food and beverages as potential market for the CO2 having higher contribution margin and has defined technology and equipment costs to process the CO2. ROI of the investment is less than 12 months.
Thanks to its XCO technology, ATProX has contributed to the client profitability with environmental benefits.