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Gas-to-Liquid Experts to Assist in Commercial Catalyst Design and Process Engineering
Santa Barbara, CA - April 13, 2011 - Carbon Sciences, Inc. (CABN), the developer of a breakthrough technology to make transportation fuels from natural gas, today announced a development agreement with Emerging Fuels Technology (EFT), Tulsa, Oklahoma.
Carbon Sciences’ breakthrough catalyst technology transforms natural gas into a synthetic gas (syngas), which can then be converted into gasoline and other fuels using conventional gas-to-liquids (“GTL”) technology such as Fischer-Tropsch. Specifically, the company’s novel catalyst dry reforms methane with carbon dioxide and is the most desired approach to produce syngas because of its potential to lower both the capital and operating costs. However, there is no cost-effective catalyst on the market that can sustain dry reforming reactions at an industrial scale. Carbon Sciences’ proprietary catalyst is extremely robust and has been proven to work continuously over more than 2000 hours in laboratory testing.
Byron Elton, Carbon Sciences’ CEO, commented, “We are excited to have the powerful braintrust at EFT help us in our quest to turn natural gas into gasoline. The EFT principals Ken Agee , Rafael Espinosa and Kym Arcuri are internationally recognized as top experts in their fields. We look forward to working with them to bring our important technology to market.”
Mr. Agee commented, “A cost-effective, commercial technology to dry reform methane to produce syngas from natural gas would be a significant event. However, there just hasn’t been a catalyst available to the industry to do the job well enough. When we met with the Carbon Sciences team we were immediately impressed with their initial results. If we can prove that their catalyst can perform well in more robust industrial settings, then this breakthrough can be a game-changer in the gas-to-liquids industry. We look forward to helping Carbon Sciences realize their vision.”
To learn more about the Carbon Sciences' breakthrough technology of of transforming greenhouse gasses into gasoline, please visit http://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 imagine a world after oil and to learn more about Carbon Sciences' breakthrough technology, please visit http://www.carbonsciences.com and follow us on Twitter at http://www.twitter.com/carbon_sciences
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Safe Harbor Stmt: 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.
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