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Stock impact report

China-Canada Collaboration on CO2 Capture for Cement [Financial Post (Toronto, Ontario, Canada)]

CHINA NATL BLDGS MT U/ADR (CBUMY) 
NASDAQ:AMEX Investor Relations: cnbmltd.com/en/tzzgx/index.jsp
Company Research Source: Financial Post
REGINA, Saskatchewan, July 08, 2021 (GLOBE NEWSWIRE) — A new collaboration between the China Building Materials Academy, (CBMA) and Canadian based, International CCS Knowledge Centre (Knowledge Centre) will see simultaneous advancements in understanding and knowledge sharing of carbon capture technology designed specifically to see substantial emission reductions from the global cement industry. The first initiative under the agreement, Carbon Capture Use Piloting with Cement Kiln Project will aid CBMA in applying the Knowledge Centre's model and Front End Engineering Design (FEED) of a test platform – which has a carbon dioxide (CO ) capture capacity of approximately 155 kg CO /per day. The project will be built and piloted on a carbon capture system that utilizes the post combustion flue gas from a producing cement kiln. The Knowledge Centre will have an observer role to learn and gain insight on the characteristics of a cement kiln operation and its integration with a post com Show less Read more
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