Veridium Technology Sequesters Exhaust Carbon Dioxide

Mount Arlington, NJ — Veridium Corporation has announced its patented bioreactor process for reducing greenhouse gas emissions from fossil-fueled combustion processes. The new technology is simple, robust and scalable, and is capable of stimulating additional revenues for power plant operators while decreasing plant emissions.

Carbon Dioxide BioReactor
Veridium's patented process reduces greenhouse gas emissions from fossil-fueled combustion processes such as power plants in a way that leverages nature's own solution: photosynthesis. Industrial quantities of carbon dioxide require industrial amounts of photosynthetic activity, and power plant emissions, which are called flue gases, average temperatures in excess of a very hot 55 degrees Celsius (131 degrees Fahrenheit). Veridium's bioreactor is based on a new strain iron-loving blue-green algae discovered thriving in a hot stream at Yellowstone National Park. The algae use the available carbon dioxide and water to grow new algae, giving off pure oxygen and water vapor in the process. The organisms also absorb nitrogen oxide and sulfur dioxide, which contribute to acid rain. Once the algae grow to maturity, they fall to the bottom of the bioreactor and are harvested for other uses.

A prototype of the technology was built that is capable of handling 140 cubic meters of flue gas per minute, an amount equal to the exhaust from 50 cars or a 3 megawatt power plant.

Veridium acquired the rights to the technology, which was developed by Dr. David Bayless of Ohio University, in its recently acquisition of GreenShift Industrial Design Corporation. The license agreement with Ohio provides for non-exclusive rights to the technology for the purpose of air pollution control of exhaust gas streams from electrical utility power generation facilities, and exclusive rights to the technology for the air pollution control of exhaust gas streams from all other sources, including mobile sources, and to process carbon-containing compounds from any other source.

"Nature has developed solutions to many of the environmental challenges we face today," said Kevin Kreisler, Veridium Corporation's chairman and chief executive officer. "Dr. Bayless and his associates have tapped these natural solutions and developed what we feel is a very important and timely technology."

SOURCE: Veridium Corporation