SANTA BARBARA, CA--(Marketwire - March 8, 2011) - Carbon Sciences Inc. (
Byron Elton, Carbon Sciences' CEO, commented, "We recently announced an aggressive 2011 development plan. The first step is the performance testing of our breakthrough catalyst in a commercial facility with multiple reactors using protocols required by the oil and gas industry. We have recently engaged a commercial testing firm to perform this task. The equipment build out is underway and actual testing will commence shortly. The results from this exercise will provide us with valuable data for starting the design of a commercial grade catalyst."
Carbon Sciences' technology is based on a high performance catalyst for the efficient transformation of CO2 and methane gas into a synthesis gas, which can then be processed into gasoline and other products currently derived from petroleum. The fundamental reaction being catalyzed is known as CO2 reforming of methane. Previous attempts by industry and research groups fell short of achieving a sufficiently robust catalyst. With over 2,000 hours of testing showing greater than 90% conversion efficiency and little catalyst deactivation, Carbon Sciences owns the most robust catalyst in the world for this process.
Elton added, "Since announcing our catalyst breakthrough and commercialization plan, we have received numerous inquiries from parties interested in the commercial use of our catalyst. Our goal is to select one or more commercial development partners by the end of the year. The name of the game is energy independence. We believe that the application of our technology will allow the U.S. and other countries to finally achieve a realistic energy policy that does not depend on petroleum. Abundant domestic resources such as natural gas can be used to produce all the liquid transportation fuels required, in a cost-effective and environmentally sound manner."
"A commercially viable CO2 reforming catalyst and technology is a game changer for the oil and gas industry -- enabling local production of transportation fuels near greenhouse and natural gas sites, as well as enabling global energy independence," Elton concluded.
To learn more about Carbon Sciences' breakthrough technology of transforming greenhouse gases into gasoline, please visit www.carbonsciences.com.
About Carbon Sciences Inc.
Carbon Sciences Inc. is developing a breakthrough technology to transform greenhouse gases into liquid portable fuels, such as gasoline, diesel and jet fuel. Innovating at the forefront of chemical engineering, we are developing highly scalable clean-tech processes to produce liquid fuels from naturally occurring or human-made greenhouse gas emissions. From sources such as natural gas fields, refinery flare gas, landfill gas, municipal waste, algae and other biomass, there is an abundant supply of inexpensive feedstock available to produce large and sustainable quantities of liquid fuel to replace petroleum for global consumption, thereby eliminating our dependence on petroleum. To learn more about Carbon Sciences' breakthrough technology, please visit www.carbonsciences.com and follow us on Twitter at http://www.twitter.com/carbon_sciences.
Safe Harbor Statement
Matters discussed in this press release contain statements that look forward within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such statements that look forward. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the statements that look forward contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These statements that look forward are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Contact Information:
Media Relations Contact:
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(201) 465-8002