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CO2 Solution Announces Extension of Joint Development Agreement with Codexis
Date:19 Jan 2011
QUEBEC CITY, Jan. 18 /PRNewswire-FirstCall/ - CO2 Solution Inc. (TSX-V: CST) is pleased to announce that it has extended the carbon capture Joint Development Agreement ("JDA") with Codexis, Inc. (NASDAQ: CDXS), originally announced December 15, 2009. Under the JDA, Codexis and CO2 Solution have collaborated on the development of customized carbonic anhydrase ("CA") biocatalysts and related processes to enable the efficient capture of carbon dioxide from power plants and other large stationary emissions sources.
Program results to date have shown that the combined CO2 Solution / Codexis proprietary technologies have the potential to significantly lower the capital and operating cost barriers associated with conventional technologies to capture CO2 from power plant effluent gases.