Mr. Jeff Allison reports
2023 YEAR END BUSINESS OVERVIEW
Delta Cleantech Inc.'s president and chief executive officer is pleased to provide a 2023 year-end update to Delta's
shareholders and supporters.
Jeff Allison commented: "During the year, Delta has made a number of successful origination of
carbon credits and bids on carbon capture projects worldwide. Many of these projects are in
various stages of development, such as full design and build, conceptual studies or preliminary
evaluation. Delays in having more of these projects move to the full construction and build out
mode are the result of a number of different factors, including: Government funding
commitments and tax concessions delays; clarification and interpretation of policies; and the
resulting corporate indecision due to lack of government clarity and direction."
In addition to its carbon capture business, Delta is undertaking a launch of additional cleantech
energy transition companies, divisions and technologies as a method of demonstrating the many
engineering technology platforms Delta has excelled in (operations).
A brief overview of these five operations of Delta is as follows:
-
CarbonRx: Providing an integrated origination and streaming carbon credit trading
platform for both voluntary and compliance credits.
-
MethanatorRx: Providing methane destruction technology for low-volume methane
environments.
- Delta Purification: Providing solvent and industrial liquids reclaiming technology and
services for carbon capture and other commercial operations requiring
solvent purification to ensure efficient operations of plant facilities.
- CO2 Experts: Providing an independent owners engineering service for carbon
capture solvent reclamation. This is independent of Delta's existing
product offer by its carbon capture and solvent reclaiming team.
- Assist Energy Solutions:
Providing a technology solution for a reduced CO2 (carbon dioxide) footprint utilizing heat
and exhaust gas in enhanced oil recovery.
Mr. Allison commented further: "Delta has valuable and extensive in-depth expertise in its energy
transition technology offerings. We are well positioned to take advantage of the cleantech
high-growth sector. Over the next few weeks, we plan to provide information regarding each of
Delta's operations in greater detail, to better reflect the historic technology development
investments we have made in the future of the company and the value we are creating for our
shareholders."
Delta recently completed a private placement to assist in providing each of these operations
with the capital it requires to meet its growth objectives.
Mr. Allison added, "Energy transition solutions continue to be in demand, and I am very
optimistic about the growth potential for the company over the coming year."
About
Delta Cleantech Inc.
Delta Cleantech is a 19-year ESG (environment, social and governance)-driven, recognized global technology leader specializing in
developing carbon mitigation products for industry. Delta continues to provide solutions to
clients all over the world in sequestering, capturing and reducing CO2, destruction of methane
and waste gases, as well as originating, validating, digitizing and streaming carbon credits
through its subsidiary, Carbon RX.
We seek Safe Harbor.
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