Together, the companies aim to combine Mantra’s Carbon Recycling (ERC) technology with KC Cottrell’s proprietary Carbon Capture technology. The demonstration unit is set for installation at Korean Southern Power’s (KOSPO) Hadong power plant.
Larry Kristof, president and CEO of Mantra, said: “This partnership will represent a giant leap forward for Mantra and its ERC technology.
“KC Cottrell has a multitude of capabilities and values such as engineering, manufacturing and deep understanding of flue gases that serve as a great complement to those of Mantra, and we are keen to combine our efforts in building the world’s first commercial scale demonstration Carbon Capture and Recycling (CCR) plant.”
Shawn Kim, VP of international business development at Mantra, said: “Korea is an ideal place to develop and showcase our ERC Carbon Recycle technology with tremendous interests and support from high caliber industries and government organizations.”
A Memorandum of Understanding (MOU) detailing the particulars of the strategic partnership is scheduled for execution later this month.
