|Company pursues a focused developmental plan for its breakthrough natural gas steam reforming technology |
Santa Barbara, CA - February 21, 2012 - Carbon Sciences, Inc. (CABN), the developer of a breakthrough technology to make transportation fuels and other valuable products from natural gas, today provided specific details of its plan to bring its game changing steam reforming technology to the market.
Byron Elton, Carbon Sciences’ CEO commented, “We have the most promising catalyst in the world for natural gas reforming in terms of performance, economics and environmental impact. We are currently developing this catalyst specifically as a drop-in replacement catalyst for use by the existing 2,000 steam reforming plants worldwide. Our goal this year is to prove its commercial viability.”
The initial plan includes continued catalyst testing and validation, modifying and optimizing the base catalyst, filing additional patents to broaden and strengthen the global patent portfolio, and developing a commercial version (pellets) of the catalyst for steam reforming applications.
The second half of the plan involves selecting and signing a partnership agreement with an engineering firm and a catalyst manufacturing company. Conversations with prospective partners have been underway for over a year.
Elton added, “The unique low-coking characteristic of our catalyst will enable steam reforming plants around the world to operate at a substantially lower steam to methane ratio, resulting in lower operating costs, lower capital costs, lower carbon footprint, and increased production. We are confident that this year’s successful milestones will position us to begin marketing and selling our catalyst worldwide next year.”
Gas-to-liquids (GTL) technology, based on abundant and inexpensive natural gas, offers the best solution to meet the increasing demand for liquid transportation fuels. The GTL market is still developing and represents the company’s most significant long-term market opportunity. Today, most small to mid-size GTL plants use steam reforming of natural gas to syngas as the first step in the process. Carbon Sciences is targeting this market segment as a drop-in replacement opportunity for its steam-reforming catalyst. By reducing the cost of the steam reforming section, the most cost intensive part of a GTL system, the company intends to significantly reduce the cost of producing gasoline, diesel, jet fuel, and other GTL products from natural gas.
The company continues to develop its dry reforming catalyst that can be used with captured CO2 or high CO2 content natural gas.
About Carbon Sciences, Inc.
Innovating at the forefront of chemical engineering, Carbon Sciences is developing a breakthrough technology to make cleaner and greener transportation fuels and other valuable products from natural gas. Our highly scalable, clean-tech process will enable the world to reduce its dependence on petroleum by transforming abundant and affordable natural gas into gasoline, diesel and jet fuel, and other products, such as hydrogen, methanol, pharmaceuticals, solvents, fertilizers, pesticides and plastics. The key to this process is a breakthrough catalyst that can reduce the cost of reforming natural gas into synthetic gas (syngas), the most costly step in making products from natural gas.
To learn more about Carbon Sciences' breakthrough technology, please visit www.carbonsciences.com and follow us on Facebook at http://www.facebook.com/carbonsciences.