Carbon Sciences Inc. (CABN.OB) is developing an innovative technology for transforming harmful carbon dioxide (CO2) from sources such as coal-fired power plants into earth-friendly carbon products. By eliminating harmful CO2 emissions, the company’s technology will provide a partial solution to the problem of global warming.
Carbon Science has filed for a patent on their technology which they call Green Carbon Technology. This unique technology uses a process which combines the harmful CO2 with a mineral feedstock to turn it into a highly stable and useful mineral carbonate product which the company calls Green Carbonate. This Green Carbonate has many possible applications in a wide range of industries such as: agriculture, construction, paper, chemicals, and the environment.
On May 12, 2008 Carbon Sciences announced its first application for this technology, which is targeting a near-term, multi-billion dollar global market. This is a process that will transform CO2 into a high-value chemical compound called precipitated calcium carbonate (PCC), which is currently used in the manufacture of paper, plastics, and pharmaceuticals. Unlike existing methods of producing this chemical, Carbon Sciences’ clean-tech process will be carbon neutral, use less energy, and generate lower production costs.
There seems to be a ready market for the PCC that Carbon Sciences will be producing. The demand for PCC is projected to grow to 10 million tons annually by 2010, due to increased global paper consumption and construction in the booming Asian countries. Approximately 70% of this is expected to be used by the paper industry as brightness coating and filler. The company’s management believes that energy and CO2-intensive industries such as paper production will welcome their innovative clean technology because it offers very important benefits, namely lower cost and carbon neutrality.
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