Mr. Jeff Allison reports
DELTA ANNOUNCES ITS FIRST QUARTER 2023 BUSINESS ACTIVITIES
Delta Cleantech Inc.'s president and chief executive officer, Jeff Allison, recently commented on the company's quarterly
results:
"We are on the ground supporting both our clients and partners in securing more CO2 to meet their
demand, due to a shortage of CO2 in the East Coast of the United States. As a result of the shortage, there
has been an increase in the interest of generating new sources of CO2 and Delta Cleantech is exploring,
with its partners: new opportunities, and collaboration in the carbon capture business within the United
States."
Delta Cleantech was selected to participate in the Laurance Reid Gas Conditioning Conference 73, for oil
and gas professionals involved in the gas processing, gas conditioning and gas sweetening industries, and
it was held at the University of Oklahoma in February. "The conference is considered to be a key gas
processing conference," said Dr. Walid ElMoudir, Delta Cleantech's engineering manager, who added, "We
presented a project that is unique to the company, which was the first instance of integrating a carbon
capture unit with a once through steam generator, I also discussed some of the exciting technology
development initiatives Delta Cleantech is currently working on."
Dr. ElMoudir commented on additional Delta Cleantech accomplishments: "The company, with its
partners, are awaiting results of a joint funding application to initiate a new research project at a
recognized university in Ontario. The project objectives are new discoveries and proprietary intellectual
property on unique solvents that are more efficient in capturing CO2. In addition, Delta Cleantech has
recently completed technical and economic studies for clients in Alberta. These studies explore ways to
integrate a carbon capture plant within a power plant. Our goal is to exceed our clients' expectations by
delivering CO2 capture integration reports ahead of time and on budget."
Mr. Allison outlined some of Delta Cleantech's recent business developments, stating: "Delta's LCDesign carbon capture technology has been selected by three energy companies, which will allow the company
to design and build carbon capture projects in Canada and China. Two of these plants will be operational
this year. We are pleased to provide our customers with proven and reliable technology and look forward
to our customers taking the lead on future announcements on these exciting projects. To meet Delta
Cleantech's growth in project development to produce royalties, new skilled engineers have been added
to our team; both in Calgary, Alta., and Regina, Sask."
Delta has expanded in the Middle East and Arab Gulf area, by initiating a new subsidiary, Delta Cleantech
Abu Dhabi. The goal is to serve our customers and partners, to help them achieve their carbon reduction
initiatives. Dr. Aboudheir, the company's chief technology officer and CEO of Delta Cleantech Abu Dhabi,
has been appointed as the chair of the COI-Energy sector committee for COP 28, sponsored by the
Canadian business Council. He commented, "Delta attended the Egypt Petroleum Show 2023 in Cairo in
February and we provided daily sessions on carbon capture technologies during the event which
generated new business opportunities."
Marty Seymour, CEO of Carbon RX Inc., Delta Cleantech's carbon credit division,
commented: "Carbon RX has been active in the nature-based carbon credits field. The organization
continues to pursue additional agreements with indigenous landholders who are focused on participating
in the carbon economy. Strong demand for the purchase of carbon credits has also resulted in offtake
agreements with both Canadian and Asian buyers. Carbon RX continues to engage with technology
providers utilizing remote sensing technology and data management solutions, to address the need for
efficient high-quality carbon credit generation."
Delta Cleantech is a 19-year ESG-(environmental, social and governance)-driven, recognized technology leader in CO2 capture,
decarbonization of energy, solvent and glycol reclamation, blue hydrogen production, and carbon credit
aggregation and management. Delta continues to provide solutions to clients in sequestering, capturing
and reducing CO2, and through its affiliate, Carbon RX, is originating, validating, digitizing and streaming
carbon credits.
We seek Safe Harbor.
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