Press Release Source: Carbon Sciences Inc. On Monday June 27, 2011, 6:45 pm EDT
SANTA BARBARA, CA–(Marketwire – 06/27/11) – 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 announced specific details of its catalyst composition.
Byron Elton, Carbon Sciences’ CEO, commented, “Over the past few months, we have reported on the extraordinary, record setting performance of our proprietary catalyst that has been tested under the most stringent commercial protocols. Today we are disclosing the composition and some of the special attributes that make it the most powerful and effective catalyst for the dry reforming of methane (natural gas) ever developed.”
Carbon Sciences’ technology is based on a high performance catalyst for the efficient transformation of methane (CH4) and carbon dioxide (CO2) into a synthesis gas (syngas), which can then be processed into gasoline and other fuels. The fundamental reaction being catalyzed is known as dry reforming, or CO2 reforming, of methane. Previous attempts by industry and research groups around the world have fallen short of achieving a robust catalyst. A commercially viable CO2 reforming catalyst and technology is a game changer for the entire oil and gas industry. This breakthrough enables local production of transportation fuels near greenhouse and natural gas sites and will lead to energy security.
The company uses a common, low cost method to prepare its catalyst. The composition is bimetallic, composed of nickel and cobalt, supported by aluminum and magnesium, all of which are inexpensive and readily available.
The catalyst is very robust and has 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. Also, the catalyst is unique in its ability to resist deactivation under harsh industrial operating conditions.
Low natural gas prices brought about by new drilling techniques and high crude oil prices make gas-to-liquids (GTL) more promising than ever. Dry reforming has the best potential to be cost effective at large scale because of its low capital costs, straight forward process and better carbon efficiency. This means more natural gas will be converted into more fuel for less money. The substantial consumption of CO2 in the process makes it significantly greener than existing GTL processes.
Elton added, “With the end of cheap, easy oil, it is clear that a natural gas based GTL technology is our best chance to finally achieve energy security and fuel price stability. Our test results confirm that we have the best catalyst in the world for the cost effective production of syngas, which can feed existing established GTL technologies from oil and gas companies to create transportation fuels without using so much as a teaspoon of foreign oil.”
To learn more about Carbon Sciences’ breakthrough technology of transforming greenhouse gases into gasoline, 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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