10 business elite canada
H
NOV 2014
al-based engineering firm Seneca to complete
the design review and detailed engineering
phase of the project. They’re now moving on
to procurement and construction is expected
to get underway early in 2015. The benefits will
go beyond the capture of CO
2
, highlighting the
technology’s varied commercial applications
such as enhanced oil recovery, and the poten-
tial to be successful across a range of industries
and geographic regions.
The Saskatchewan project will also signal one
of the last steps in CO
2
Solutions’ efforts to
commercialize their leading-edge technology.
“Our shareholders have been very patient in
allowing us to reach this point. This is the next
step,” Price explained.
“We not only want to show very interesting
returns for our shareholders but we also want
to show governments around the world that
applying CO
2
capture technology to mitigate
CO
2
is something that can be done at a rela-
tively low cost, and in doing so we’re going to
be encouraging (government) regulations to
fall into place.”
CO
2
Solutions began developing its enzyme-