Secretary Perry Announces $24 Million in New Projects to Advance Transformational Carbon Capture Technologies

WASHINGTON, D.C. – Today, U.S. Secretary of Energy Rick Perry announced the selection of eight projects to receive nearly $24 million in federal funds for cost-shared research and development (R&D) for Novel and Enabling Carbon Capture Transformational Technologies. The selected projects will focus on the development of solvent, sorbent, and membrane technologies to address scientific challenges and knowledge gaps associated with reducing the cost of carbon capture. Secretary Perry announced these projects today at a joint press conference with International Energy Agency Executive Director, Dr. Fatih Birol.

“By 2040 the world will still rely on fossil fuels for 77{0c8abfa2ea4c1481fc7404eb644caece91d10241de6654f54ba95d19a8e78bd4} of its energy use. Our goal is to produce them in a cleaner way,” said U.S. Secretary of Energy Rick Perry. “These projects will allow America, and the world for that matter, to use both coal and natural gas with near-zero emissions.”

These transformational carbon capture projects are funded by the Office of Fossil Energy’s (FE’s) Carbon Capture Program. The National Energy Technology Laboratory will manage the projects, which are described below:

  1. Advanced Structured Adsorbent Architectures for Transformative CO₂ Capture Performance – Electricore, Inc. (Valencia, CA) intends to develop an optimized, commercially feasible carbon dioxide (CO₂) capture technology architecture in collaboration with Inventys, DNV GL USA, and Susteon. The process includes a dual-adsorbent bi-layer structured adsorbent design with a thermal conductive matrix that will enable a rapid temperature swing 40 to 100 times faster than a conventional thermal swing process. In-house bench-scale testing will be conducted on simulated flue gas and actual flue gas from a gas-fired boiler.

DOE Funding: $3,000,000; Non-DOE Funding: $774,630; Total Value: $3,774,630

 

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Inventys closes US$5M investment from BDC as part of Series C Fundraising Round

The advanced CO₂ capture technology company has now secured total proceeds to date of US$16M received under the planned US$21M Series C Financing Round, which was led by OGCI Climate Investments, alongside existing investors The Roda Group and Chevron Technology Ventures

Vancouver, February 6, 2019 — Inventys today announced that it has formally closed on an investment of US$5M from BDC’s Cleantech Practice, initially received on December 28, 2018, as well as an additional follow-on investment from existing shareholder Chevron Technology Ventures. This brings total proceeds received under the Series C Financing, which was led by OGCI Climate Investments, to US$16M out of a total round of US$21M. Inventys is targeting a close of the final US$5M under the Series C round prior to June 30, 2019, in order to fully fund its corporate program through 2020.

The funds will be used to complete the Company’s 30-tonne-per-day (TPD) CO₂ capture demonstration plant project with Husky Energy, currently in the final construction stages and due to begin operations in Q2-2019.

“Inventys is showing they have the expertise, the vision, and the technological approach to develop the CO₂ marketplace and to help tackle climate change,” says Susan Rohac, Vice President, BDC Cleantech Practice. “Inventys is in an excellent position to scale up its technology platform and play a leading role in strengthening the carbon value chain.”

The partnership between Inventys and BDC’s Cleantech Practice will allow Inventys to reach its goal of commercializing a first-of-its-kind, industrial-scale CO₂ capture plant by the end of 2020. The investment is part of BDC’s $700-million, five-year commitment announced in 2018 to help high-potential Canadian cleantech firms with market-ready technology or products meet the capital-intensive needs of scaling and achieving timely growth.

“At Inventys, we see a real opportunity to put CO2 to work and to build a CO₂ marketplace where gigatonnes of CO₂ are traded between emitters and users,” said Inventys President and CEO Claude Letourneau. “Inventys’ solution is focusing on distributed CO₂ supply using modular plant designs.”

A key building block for unlocking the growth of the CO₂ marketplace is shifting the carbon capture cost curve down by at least a factor of two from conventional technology (chemical solvents). Inventys found a way to do this with advanced solid adsorbent nanomaterials, combined with a novel modular compact contactor, to capture CO₂ from very dilute post-combustion flue gases (from industrial processes and gas-fired power plants).

About Inventys

Inventys Thermal Technologies Inc., headquartered in Vancouver, BC, Canada, is a leading carbontech company with a vision to be a global leader in building a CO₂ marketplace and enable the mass market for bulk distributed CO₂ supply by being a focused low-cost supplier. Inventys is working to create new market spaces by leveraging its breakthrough carbon capture technology. For more information, please visit www.inventysinc.com.

About BDC

BDC is the only bank devoted exclusively to entrepreneurs. It promotes Canadian entrepreneurship with a focus on small and medium-sized businesses. With its 123 business centres from coast to coast, BDC provides businesses in all industries with financing and advisory services. Its investment arm, BDC Capital, offers equity, venture capital and flexible growth and transition capital solutions. BDC is also the first financial institution in Canada to receive B Corp certification. To find out more, visit bdc.ca.

About Chevron Technology Ventures

Since 1999, Chevron Technology Ventures has been committed to pushing energy’s frontiers. We pursue new business models and externally developed technologies that enhance the way Chevron produces and delivers affordable, reliable, cleaner energy. Fostering innovation both within Chevron and across the energy landscape, we champion the integration of solutions that address current business needs and those of tomorrow. Through our technology deployments and venture capital portfolio, we support a wide range of pioneers that are shaping the future of energy.

Contacts:

Alison Cartier
Manager, Marketing & Communications, Inventys Inc.
alison.cartier@inventysinc.com
1.778.990.8734

Joanne Lajeunesse
Public Affairs, BDC
mediainfo@bdc.ca
1.844.625.8321

Inventys Announces US$11M Series C Fundraising Round with OGCI Climate Investments as Lead Investor

Advanced carbon capture technology company, Inventys, has secured US$11M with lead investment from OGCI Climate Investments, alongside existing investors The Roda Group and Chevron Technology Ventures, as part of a planned US$21M Series C Financing Round

VANCOUVER, BC, Canada — Monday, July 16, 2018 — Inventys today announced that it has closed an initial tranche of its Series C equity financing led by OGCI Climate Investments, and including existing investors The Roda Group and Chevron Technology Ventures. A total amount raised so far of US$11M towards the Series C financing will fund the 30-tonne per day (TPD) CO₂ capture pilot plant demonstration program with Husky Energy scheduled to be in operation in Q1-2019, as well as support Inventys’ aggressive time-to-market strategy for 2020.

Dr. Pratima Rangarajan, CEO of OGCI Climate Investments, said, “As we address climate change, we must develop economic ways to capture, utilize, and store CO2. Inventys’ technology can cause a step change in the economics of CO2 capture.”

“At Inventys, we see it as an opportunity to put CO₂ to work. Some say it’s too costly and difficult to capture and use or store CO₂ using a distributed supply model. We believe Inventys’ technology will prove them wrong,” said Inventys President & CEO Claude Letourneau.

“We’ve built a world-class team of scientists, engineers, technicians, specialists, strategists, project developers and entrepreneurs dedicated to creating a global CO₂ marketplace using our breakthrough next-generation carbon capture technology.’’

A key building block for unlocking the growth of the CO₂ marketplace is shifting the carbon capture cost curve down by at least a factor of two from conventional technology (chemical solvents). Inventys found a way to do this with advanced solid adsorbent nanomaterials, combined with a novel modular compact contactor, to capture CO₂ from very dilute post-combustion flue gases (from industrial processes and gas-fired power plants).

Dr. Steven Chu, former US Secretary of Energy and a member of Inventys’ board of directors, said “Carbon capture, utilization, and sequestration from point sources such as power, cement, and steel plants is essential to minimize the risks of climate change. After completing an extensive due diligence process, OGCI Climate Investments recognized that Inventys has a leadership position in dramatically lowering the cost of carbon capture needed to develop this multibillion-dollar market opportunity.”

Due to the interest expressed by a number of strategic investors, the company is able to issue a number of additional Series C shares, for additional proceeds of up to US$10M (completing the US$21M Series C round), within a limited time window following this initial close.


About Inventys

Inventys Thermal Technologies Inc., headquartered in Vancouver, BC, Canada, is a leading carbontech company with a vision to be a global leader in building a CO₂ marketplace and enable the mass market for bulk distributed CO₂ supply by being a focused low-cost supplier. Inventys is working to create new market spaces by leveraging its breakthrough carbon capture technology. For more information, please visit www.inventysinc.com.

 

About OGCI Climate Investments

OGCI Climate Investments LLP is a billion-dollar investment fund focused on initiating practical actions to deliver solutions for a sustainable, low-emissions future. The fund invests in technologies that have the potential to significantly reduce greenhouse gas emissions, are economically viable, ready to be commercialized, and deployed at scale. It was launched in November 2016 by the Oil and Gas Climate Initiative, a voluntary initiative led by CEOs of 10 global oil and gas companies. For more information, please visit www.oilandgasclimateinitiative.com.

 

 

For more information, please contact:
Alison Cartier
Manager, Marketing & Communications
Inventys Inc.
M:  +1.778.990.873
Email: alison.cartier(at)inventysinc.com

 

For printing or downloading a PDF copy of the release: OGCI-Investment-SeriesC

Additional $2.6M Received from NRCan to Accelerate Deployment of Next-Gen CO₂ Capture Pilot Plant

Raising total Government funding for the once-through steam generator (OTSG) CO₂-capture pilot demonstration program to $12.3M, including support from SDTC, ERA, WINN, and IRAP VANCOUVER, British Columbia — Friday, December 15, 2017 — Inventys, the developer of the VeloxoTherm™ Process, a carbon dioxide (CO₂) capture system, is receiving $2.6M from Natural Resources Canada (NRCan) through its Energy Innovation […]

Former Airbus CTO Joins Board of Inventys a Canadian Carbon Capture Company

VANCOUVER, British Columbia —August 31, 2017 — Former Airbus CTO Jean Botti recently joined the Board of Directors of Inventys, a clean energy technology company that has developed a transformational method for capturing CO2 from industrial, natural gas and coal power plants.

“I’m very pleased to join the board of Inventys at such a pivotal time in our history as the world comes together to address decarbonizing the energy sector” said Botti. “I look forward to working closely with the other members of the Board and executive team to help develop new collaboration to spur innovation and to tap into the capabilities of industrial partners and universities needed to commercialize this technology.”

The VeloxoTherm™ System is a next generation CO2-capture technology that has the potential to deliver breakthrough capture costs. By combining a uniquely patented solid adsorbent structure with a rapid cycle temperature swing adsorption process, Inventys has successfully demonstrated economical CO2 capture capabilities with its compact adsorption machine.

Inventys President and CEO Claude Letourneau said, “With extensive experience in managing world-class industrial R&D programs, large-scale product development and market launches, the appointment of Mr. Botti will further strengthen our ability to rapidly scale-up our first pilot plant and to develop a high-quality and reliable manufacturing eco-system.”

Recently Inventys announced plans to build a 30-tonne per day (TPD) CO2-capture pilot plant aimed at producing a low-cost CO2-supply solution for Husky Energy’s heavy oil enhanced oil recovery (EOR) program near Lloydminster, Saskatchewan.

“Jean provides experience launching first-in-the-world technologies and creating market leaders,” Inventys Chairman Wayne G. Thomson said. “He is widely recognized for accelerating development and Inventys will benefit from his global experience building partner relationships.”

Botti was Chief Technical Officer of Airbus Group from 2006 to 2016 where he was responsible for research and development, business development, and program management. During this time he created the 25-year roadmap for electric aviation and delivered the world’s first electrical aircraft in 2015.

 

ABOUT INVENTYS

Inventys is a clean energy technology company with a credible solution for capturing point-source CO2 emissions and accelerating the global transition to a low-carbon economy. The VeloxoTherm™ process combines Inventys’ patented Adsorbent Structure and rapid cycle thermal swing process to achieve unmatched economics. Unlike conventional methods, this three-step process maximizes carbon capture productivity, cuts capital costs, and reduces regeneration energy. For more information about Inventys and the VeloxoTherm™ process, please visit www.inventysinc.com. You can also connect with us on Facebook or Twitter @inventysinc.

For more information please contact:

Alison Cartier
Manager, Marketing & Communications
Inventys, Inc.
M:  +1.778.990.8734
O:  +1.604.456.0504  x256
Email: alison.cartier@inventysinc.com
For printing or downloading a pdf copy of the release: 2017-08-31_New-Director-Botti.pdf

Inventys Appoints Daryl Musselman as New VP Manufacturing Operations

VANCOUVER, British Columbia —August 31, 2017 — Inventys announced that Daryl D. Musselman, PhD, P.Eng. was recently appointed Vice President, Manufacturing Operations, filing a strategic position as the carbon capture technology company builds the world’s first pilot-scale plant using structured adsorbents to capture CO2 for Husky Energy.

“Daryl has unique experience in the gas separation business and comprehensive understanding of structured adsorbent bed manufacturing process,” President and CEO Claude Letourneau said. “Furthermore, with more than 25 years’ experience as a mechanical expert, he will be responsible for the strategy, planning, direction and execution for all of our manufacturing operations, including supply chain management, engineering group (manufacturing process and full turn-key gas treatment plants) and field services of gas plants.”

Dr. Musselman commented, “Inventys is pioneering the development of a compact adsorption machine to separate CO2 from dilute flue gas. This approach, in my opinion, has the potential to significantly improve the speed, size, and costs of carbon capture system deployment. I look forward to contributing to the commercialization of this technology.”

The VeloxoTherm™ System is a next-generation CO2-capture technology that has the potential to deliver breakthrough capture costs. By combining a uniquely patented solid adsorbent structure with a rapid cycling temperature swing adsorption process, Inventys has successfully demonstrated economical CO2-capture capabilities with its compact adsorption machine.

Earlier this year, Inventys announced plans to commission a 30-tonne per day (TPD) CO2-capture pilot plant to capture CO2 from a once-through steam generator (OTSG)  at Husky’s Pikes Peak South Lloyd thermal project. The pilot plant is planned to be commissioned in the fall of 2018.

 

ABOUT INVENTYS

Inventys is a clean energy technology company with a credible solution for capturing point-source CO2 emissions and accelerating the global transition to a low-carbon economy. The VeloxoTherm™ process combines Inventys’ patented Adsorbent Structure and rapid cycle thermal swing process to achieve unmatched economics. Unlike conventional methods, this three-step process maximizes carbon capture productivity, cuts capital costs, and reduces regeneration energy. For more information about Inventys and the VeloxoTherm™ process, please visit www.inventysinc.com. You can also connect with us on Facebook or Twitter @inventysinc.

For more information please contact:

Alison Cartier
Manager, Marketing & Communications
Inventys, Inc.
M:  +1.778.990.8734
O:  +1.604.456.0504  x256
Email: alison.cartier@inventysinc.com
For printing or downloading a pdf copy of the release: 2017-08-31_VP-Manufacturing.pdf

Inventys Closes CAD$10M Equity Investment with Husky Energy as Lead Investor

Financing supports the deployment of a next-gen carbon capture pilot plant at Husky’s Pikes Peak South Lloyd thermal project

VANCOUVER, British Columbia — Tuesday, July 11, 2017 — Inventys, the developer of the VeloxoTherm™ System, a carbon dioxide (CO2) capture process, today announced that it has closed an equity financing with Husky Energy as lead investor. The Company raised total cash proceeds of CAD$10 million in this first tranche of its current Round B-11 financing process, including investments from existing investors, The Roda Group and Chrysalix Energy Venture Capital.

Proceeds from the transaction will fund a 30-tonne per day (TPD) CO2-capture pilot plant aimed at producing a low-cost CO2-supply solution for Husky’s heavy oil enhanced oil recovery (EOR) program near Lloydminster, Saskatchewan.

“We’re very pleased to work with Husky and welcome its investment and industry knowledge,” said Inventys President and Chief Executive Officer Claude Letourneau. “This is the world’s first pilot-scale plant using structured adsorbents to capture COfrom a once-through steam generator (OTSG) for use in heavy oil recovery.”

Letourneau added, “Canada offers the perfect setting to prove our second generation carbon capture technology, reduce carbon emissions, uphold Canada’s climate goals, create jobs, and support industrial growth.”

The VeloxoTherm™ System is a next-generation CO2-capture technology that has the potential to deliver breakthrough capture costs. By combining a uniquely patented solid adsorbent structure with a rapid cycling temperature swing adsorption process, Inventys has successfully demonstrated economical CO2 capture capabilities with its compact adsorption machine.

Earlier this year, Inventys commissioned a self-contained 0.5 TPD VeloxoTherm field demonstration plant at the same Husky site as a platform for rapid development of its new adsorbent structures. The demo plant has recorded meaningful data since testing began in early 2017. The test results over the next six months will shape the design of the 30-TPD plant. The pilot plant is planned to be commissioned in the fall of 2018.

Husky has been growing its heavy oil bitumen production in the Lloydminster region of Saskatchewan and Alberta through the use of thermal technologies, where steam is injected into oil reservoirs to increase recovery. Through Inventys’ technology, Husky is looking to capture the CO2 generated from its thermal operations and use it to increase oil recovery from adjacent assets.

Inventys’ structured adsorbent is a platform technology which is used in gas separation processes, including the VeloxoTherm™ process.   The company’s patented structured adsorbent technology is used to capture high purity CO2 from dilute flue gas from coal and gas-fired power plants and industrial processes using novel proprietary solid structured adsorbent materials. This technology supports an aggressive time-to-market strategy needed to keep global warming under 2°C.

 

ABOUT INVENTYS

Inventys is a clean energy technology company with a credible solution for capturing point-source CO2 emissions and accelerating the global transition to a lower-carbon economy. The VeloxoTherm™ process combines Inventys’ patented Adsorbent Structure and rapid cycle thermal swing process to achieve unmatched economics. Unlike conventional methods, this three-step process maximizes carbon capture productivity, cuts capital costs, and reduces regeneration energy. For more information about Inventys and the VeloxoTherm™ process, please visit www.inventysinc.com. You can also connect with us on Facebook or Twitter @inventysinc.

For more information please contact:

Alison Cartier
Manager, Marketing & Communications
Inventys, Inc.
M:  +1.778.990.8734
Email: alison.cartier@inventysinc.com
For printing or downloading a pdf copy of the release: 2017-07-11_Husky-Investment

Industrial Projects Veteran Appointed as New President & CEO

Claude Letourneau brings more than 30 years’ experience in advanced technology development and commercialization to carbon capture company’s executive team.

VANCOUVER, British Columbia — March 23, 2017 — Inventys the developer of the VeloxoTherm™ System, a next-generation carbon dioxide (CO2) capture process, today announced the appointment of Claude Letourneau as the company’s President and Chief Executive Officer. A veteran technology executive with a successful track record of managing large world-class projects, Letourneau will help lead Inventys through commercialization of its transformational carbon capture system.

“We are very pleased to have attracted Claude Letourneau to lead Inventys,” said Inventys Chairman Wayne G. Thomson. “Claude has a rare range of experience; he combines success in advanced technology development with extensive experience leading major capital-intensive industrial projects. This is experience we need at Inventys as we roll out our large field demonstration and commercial facilities.”

Before joining Inventys, Letourneau served in senior-level management roles in mining, metallurgy and construction as well as with innovation-driven enterprises. He provides the experience needed to guide Inventys to new levels of growth and opportunity.

“Inventys’ strategic shift to open collaboration has delivered a technology breakthrough that is transforming the carbon capture industry,” said Co-Founder and CTO Soheil Khiavi. “Over the past six months, we have successfully used new adsorbent materials in our structured adsorbent platform and demonstrated a three-fold increase in capacity and lower regeneration energy.

“Our techno-economic assessments indicate we should meet the transformational carbon capture cost targets and with the latest breakthrough in our structures technology we could surpass industry expectations in the future,” Khiavi added. “I’m thrilled to welcome a high-caliber executive to help us along this next phase and accelerate the company’s time to market.”

The company’s thermal swing adsorbent technology captures high purity CO2 from diluted flue gas from coal and gas-fired power plants and industrial processes using novel proprietary solid structured adsorbent materials.

“Climate change is one of the greatest challenges the world faces today.  I’m very excited to join this strong technical team and experienced Board with a clear vision and drive to commercialize a breakthrough solution to carbon capture,” said Letourneau. “Inventys is a unique company—its intellectual property rights and internal adsorbent manufacturing combined with collaborative partnerships for its compact adsorption machine (CAM) support an aggressive time-to-market strategy needed to keep global warming under 2°C.”

 

ABOUT INVENTYS

Inventys is a clean energy technology company with a credible solution for capturing point-source CO2 emissions and accelerating the global transition to a low-carbon economy. The VeloxoTherm™ process combines Inventys’ patented Adsorbent Structure and rapid cycle thermal swing process to achieve unmatched economics. Unlike conventional methods, this three-step process maximizes carbon capture productivity, cuts capital costs, and reduces regeneration energy. For more information about Inventys and the VeloxoTherm™ process, please visit www.inventysinc.com. You can also connect with us on Facebook or Twitter @inventysinc.

For more information please contact:

Alison Cartier
Manager, Marketing & Communications
Inventys, Inc.
M:  +1.778.990.8734
O:  +1.604.456.0504  x256
Email: alison.cartier@inventysinc.com
For printing or downloading a pdf copy of the release: 2017-03-23_New-CEO.pdf

Government of Canada Supports Innovative CO₂ Capture Technology

BURNABY, BC, July 13, 2016 /CNW/ – Cleantech innovator Inventys is receiving up to $275,000 from the Government of Canada to deliver a cutting-edge CO2 capture technology. The announcement was made today by Terry Beech, Parliamentary Secretary for Science, on behalf of the Honorable Kirsty Duncan, Minister of Science.

“Investing in the low carbon economy has the potential to bring lasting health, economic, and environmental benefits to Canadians and people around the world,” said Parliamentary Secretary Terry Beech. “Our government’s commitment to combatting greenhouse gas emissions means increasing opportunities for Canadian small and medium-sized inventors, like Inventys.”

This funding will go toward the development of Inventys’ next generation VeloxoTherm system, a solid adsorbent technology. The VeloxoTherm system is a low-cost, non-toxic technology that captures CO₂ from post-combustion emissions and is used by the energy and industrial sectors for greenhouse gas reduction.

This investment is made through the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP), which supports thousands of small and medium-sized enterprises in Canada every year in developing and commercializing innovative technologies.

“Inventys has the potential to develop a Canadian-made, new-to-the-world adsorption technology for carbon capture that removes the barriers to a low-carbon economy,” said Inventys’ Executive Chairman, Wayne G. Thomson. “Funding from NRC-IRAP and the program’s hands-on approach continues to have a significant impact on the development of our transformative clean energy technology.”

NRC-IRAP has worked with Inventys since 2008, attracting other investors and influencing the company’s growth from two to 22 employees.

Related Links 

Inventys
National Research Council of Canada Industrial Research Assistance Program 

SOURCE National Research Council Canada

For further information: Media Relations Team, National Research Council of Canada, 1-855-282-1637 (toll-free, 24/7, in Canada only), 1-613-991-1431 (elsewhere in North America), media@nrc-cnrc.gc.ca, Twitter: @NRC_CNRC; Véronique Perron, Press Secretary, Office of the Minister of Science, 343-291-2600; Media Relations, Innovation, Science and Economic Development Canada, 343-291-1777, ic.mediarelations-mediasrelations.ic@canada.ca

RELATED LINKS
www.nrc.gc.ca

For printing or downloading, here is a pdf copy of the release.

Inventys Announces Strategic Changes to its Leadership Team

Wayne G. Thomson leads company as Executive Chairman. VeloxoTherm™ co-inventor Soheil Khiavi named as CTO. New direction focuses on open collaboration.

VANCOUVER, British Columbia — May 24, 2016 — Inventys today announced several leadership changes to support the company’s ongoing strategy to transform the carbon capture industry with its VeloxoTherm™ process.

The Board of Directors appointed Wayne G. Thomson, a seasoned oil, gas, and technology executive as Executive Chairman, replacing CEO André Boulet. Soheil Khiavi, co-inventor of the VeloxoTherm™ process, was named to the new role of Chief Technology Officer (CTO). The newly appointed executive team also includes co-founders Brett Henkel, VP, Commercial Development and Darryl Wolanski, VP, Business Development; plus, Karen Miller, VP Finance; and Matthew Stevenson, Director, Corporate Strategy.

“To mitigate the risks of climate change, we will need to capture carbon from all localized sources, especially coal and natural gas power plants, and also from cement, steel, fuel, and petrochemical plants,” says Inventys Board Member Dr. Steven Chu, former US Energy Secretary and Nobel Laureate. “Inventys is developing technical advances that should dramatically reduce the cost of carbon capture so that it can be deployed worldwide. If successful, our technology could revolutionize carbon capture.”

“The Board thanks Mr. Boulet for his contributions to the business,” said Mr. Thomson. “This change reflects Inventys’ renewed interest in developing partnerships with industry and academia which will be critically important in advancing the company’s next generation carbon capture technology.”

As CTO, Mr. Khiavi will lead the company’s focus on developments in adsorbent materials and broaden the application of its core technology platform for other gas separations. Mr. Khiavi has more than 20 years of experience in fundamental research and product development and is cited on at least 100 patents and patent applications and numerous technical publications in the field of gas separations

“Inventys’ Adsorbent Structures are a technology platform that can be used in numerous gas separation processes, including carbon capture,” said Mr. Khiavi. “Adsorbent structures are an enabling technology that can employ adsorbent materials of most any description and put them to use in real-world applications.”

 

ABOUT INVENTYS

Inventys aims to revolutionize carbon capture and accelerate the global transition to a low-carbon economy. The company’s VeloxoTherm™ process uses patented adsorbent structures and a rapid cycle thermal swing process to avoid the high costs associated with other conventional carbon capture processes. For more information, please visit www.inventysinc.com or connect with us on Facebook or Twitter @inventysinc.

For more information please contact:

Alison Cartier
Manager, Marketing & Communications
Inventys
M:  +1.778.990.8734
O:  +1.604.456.0504  x256
Email: alison.cartier@inventysinc.com
For printing or downloading a pdf copy of the release: 2016-05-24_Leadership-Changes_news