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Press Release Source: Carbon Sciences Inc. On Wednesday June 22, 2011, 4:05 pm EDT
SANTA BARBARA, CA–(Marketwire – 06/22/11) – Carbon Sciences Inc. (OTC.BB:CABND – News), the developer of a breakthrough technology to make gasoline and other fuels from natural gas and carbon dioxide, today confirmed that recent commercial tests prove the value of the company’s superior natural gas to gasoline technology.
Byron Elton, Carbon Sciences’ CEO, commented, “Our breakthrough catalyst continues to set new records. During our current run of tests in a commercial facility, we are experiencing conversion efficiency rates that are better than what we observed in the laboratory. The importance of this achievement cannot be overestimated, as a high performance catalyst is absolutely essential for making gasoline from natural gas.”
“The world is running out of cheap, easy oil,” Mr. Elton continued. “The current system of providing transportation fuels is flawed and unsustainable. Natural gas is abundant, affordable, cleaner and with our technology can provide all the gasoline and other transportation fuels we need without buying a teaspoon of foreign oil.”
Carbon Sciences’ breakthrough catalyst technology transforms natural gas and carbon dioxide into a synthesis gas (syngas), which can then be transformed into gasoline and other fuels using conventional Fischer-Tropsch (“FT”) gas-to-liquids (“GTL”) technology. Of the various methods used to produce syngas from natural gas, dry reforming using carbon dioxide is the most desired approach, due to lower projected capital and operating costs. Until now, there has been no commercial catalyst robust enough to sustain dry reforming reactions on an industrial scale. The Carbon Sciences technical team has solved this problem.
Mr. Elton added, “We believe that the U.S. can only achieve energy security by using our own resources. Combining the country’s abundant supply of natural gas with our breakthrough technology to produce low cost syngas to make vast quantities of transportation fuels using mature FT technology is the answer. This is a game changer.”
Carbon Sciences’ novel catalyst is very robust and has been proven to work continuously at high conversion efficiency during more than 2,000 hours of laboratory testing and more than 1,000 hours of commercial testing even without regeneration. Based on these results, the company’s management believes its catalyst is the most robust catalyst available today for dry forming of methane.
The Fischer-Tropsch gas-to-liquids process, developed in Germany in the 1920s, has been a promising way to produce liquid transportation fuels without using petroleum. However, the lack of a low cost method to make syngas has been the biggest challenge to unlocking the mass scale potential of FT technology. Carbon Sciences’ robust dry reforming technology, which uses carbon dioxide as part of the feed and does not require the use of a capital-intensive air separation unit, has the potential to successfully enable FT technology and change the course of the transportation fuels industry.
To learn more about Carbon Sciences’ breakthrough technology for making gasoline from natural gas, please visit www.carbonsciences.com.
About Carbon Sciences Inc.
Carbon Sciences is developing a breakthrough technology to make gasoline and other fuels from natural gas. We believe our technology will enable nations of the world to reduce their dependence on petroleum by cost-effectively using natural gas to produce cleaner and greener liquid fuels for immediate use in the existing transportation infrastructure. Although found in abundant supply at affordable prices in the U.S. and throughout the world, natural gas cannot be used directly in cars, trucks, trains and planes without a massive overhaul of the existing transportation infrastructure. Innovating at the forefront of chemical engineering, Carbon Sciences is developing a highly scalable, clean-tech process to transform natural gas into liquid transportation fuels such as gasoline, diesel and jet fuel. The key to this cost-effective process is a breakthrough methane dry reforming catalyst that consumes carbon dioxide. To learn more about Carbon Sciences’ breakthrough technology, please visit www.carbonsciences.com and follow us on Twitter at http://www.twitter.com/carbon_sciences and Facebook at http://www.facebook.com/carbonsciences.
Safe Harbor Statement
Matters discussed in this press release contain statements that look forward within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such statements that look forward. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the statements that look forward contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These statements that look forward are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
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