Press Release

Cormetech Selected to Optimize Point Source Capture to Decarbonize the Natural Gas Power and Industrial Sectors Using Carbon Capture

CHARLOTTE, N.C.–(BUSINESS WIRE)–The U.S. Department of Energy (DOE) announced $45 million in funding for 12 projects to advance point-source carbon capture and storage technologies that can capture at least 95% of carbon dioxide (CO2) emissions generated from natural gas power and industrial facilities that produce commodities like cement and steel.

CORMETECH, Inc. (Charlotte, NC) has been selected by the Department of Energy (DOE) to further develop, optimize and test a new, lower cost technology to capture CO2 from the flue gas of Natural Gas Combined Cycle Plants (NGCC), which will enhance scalability to large NGCC plants. The award will focus on point-source carbon capture, which seeks to stop carbon dioxide emissions from entering the atmosphere by filtering out CO2 and other harmful gases from a power plant or industrial facility.

From the DOE funding announcement (10/06/2021):

“In order to dramatically reduce carbon pollution in our fight against climate change, we must deploy all of the tools at our disposal, including the innovative technologies that capture CO2 emissions before they reach the atmosphere,” said Secretary of Energy Jennifer M. Granholm. “What’s truly exciting about these projects is that not only do they put us on a path to decarbonize existing infrastructure, but they also pave the way for good-paying, union jobs—in the communities that have been impacted the most from our dependence on fossil fuels.”

Cormetech’s CEO Mike Mattes commented “Cormetech is very excited about this award, which will allow us to continue developing our CO2 capture technology for Natural Gas Combined Cycle Plants (NGCC). With Cormetech’s long history of technology leadership in emission controls, we are uniquely positioned to confirm the value proposition of our new lower cost technology.”

To learn more about this project and Cormetech’s technologies please reach out to [email protected] or call us at 1-704-827-8933.

CORMETECH, Inc. is a world leader in manufacturing of high-quality environmental catalysts, providing SCR catalyst regeneration and engineering services for the power, marine, industrial-process, refinery, and petrochemical markets. The company has leveraged more than 30 years of field experience and ceramic extrusion technology to create innovative catalyst products and services that meet our customers’ needs in the United States and abroad.