16:23:24 EDT Thu 11 Aug 2022
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Aether Catalyst Solutions Inc
Symbol ATHR
Shares Issued 41,746,712
Close 2022-03-07 C$ 0.21
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Aether Catalyst appoints Tawiah as subsidiary's VP

2022-03-08 12:37 ET - News Release

Mr. Paul Woodward reports

AETHER CATALYST SOLUTIONS INC. HIRES FORMER SHELL CARBON CAPTURE EXPERT AS VICE-PRESIDENT OF NEW ENERGY FOCUSED CLEAN-TECH SUBSIDIARY

Aether Catalyst Solutions Inc. has appointed Dr. Paul Tawiah as vice-president of Cap Clean Energy Corp., Aether's new clean-tech subsidiary venture.

Prior to joining Cap Clean Energy, Dr. Tawiah enjoyed a successful 15-year career at Shell PLC, where he was a member of the engineering team that designed and developed Shell's approximately $1-billion Quest carbon capture and storage (CCS) project. The Quest facility was Shell's first integrated large-scale commercial CCS project. It established many industry firsts in the field of carbon capture and storage, that to this day are regarded as trail blazing for the industry.

Beyond his extensive CCS development experience, Dr. Tawiah's tenure at Shell included the development and deployment of other critical energy transition technologies in low-carbon fuels production -- hydrogen and biofuels. Dr. Tawiah also brings experience in the planning, execution and start-up of large-scale multibillion-dollar energy capital projects, including Shell's Athabasca oil sands expansion project.

Dr. Tawiah is a resident of Calgary, Alta., and has published scholarly work on carbon capture and storage. He holds a PhD in geologic carbon storage (GCS) from the University of Calgary and is a registered professional engineer.

Dr. Tawiah joins Steve Polvi to form a team with extensive practical experience and specific skill sets in the design, development and scale-up of clean energy technology systems.

Dr. Tawiah states: "I am thrilled to rejoin my former colleague Steve Polvi as we embark on a new chapter in our professional careers. It is our goal to accelerate the deployment and rapid scale-up of transitional clean-energy technology working towards a net-zero future. I strongly believe the company we are building will play a vital role in the global transition towards clean energy."

Mr. Polvi, chief executive officer of Cap Clean Energy, comments: "With this addition of Dr. Tawiah, our energy-focused clean-tech venture takes an impressive step forward. Paul's accomplishments in the carbon capture and storage, hydrogen, and biofuels space speak for themselves. His intellectual capital will play a vital role in the rapid expansion of our young company."

Paul Woodward, president and chief executive officer of Aether, states: "We're excited about the team that Steve is building. Together Dr. Tawiah and Mr. Polvi have been integrally involved in the design, development and start-up of clean-energy-focused capital projects valued in the hundreds of millions of dollars. We look forward to exciting new opportunities and the value creation for our shareholders that will arise from their collaboration."

About Aether Catalyst Solutions Inc.

Aether Catalyst Solutions, a clean-air tech company, is focused on providing an order of magnitude cost reduction in automotive catalytic converter catalyst tech, while meeting or exceeding government emission standards. Aether is actively advancing its technology through rapid screening of new material combinations. To date, Aether's primary focus has been on catalyst development for the transportation and small motors industries -- both significant contributors to urban air pollution. Recently Aether formed a subsidiary company to explore other applications of its clean-air technology.

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