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Calgary, Alberta — July 15, 2024 — AdvEn Inc. (“AdvEn”) is pleased to announce the appointment of Dr. Yanguang Yuan, as the Company’s Chief Executive Officer (“CEO”).
“Dr. Yuan was the founding CEO of AdvEn Inc. and had stepped aside in July 2023 as the Company progressed with plant construction and its initial public offering. Now, as AdvEn reaches a critical phase in commissioning and initial production at our ASAC plant, we look forward to Dr. Yuan’s continuing contributions as we enter a phase of rapid growth,” commented AdvEn board chair Dr. Greg Ombach. “Dr. Yuan possesses a well-balanced combination of scientific expertise, engineering skills, technological innovation, and commercialization experience, which we believe will be crucial as we enter this exciting new chapter for the Company. Dr. Yuan will focus on the commissioning of the ASAC plant, enhancing production and revenue, and overseeing the initiation of the ESAC pilot plant. Additionally, Dr. Yuan will play a critical role in securing long term offtake agreements with customers and initiating the design and engineering of large-scale production facilities in North America and Europe.”
Dr. Yuan has served as a director of AdvEn since January 2017 and has been instrumental in its foundational growth. With more than 35 years of experience in geological sciences and subsurface engineering, Dr. Yuan is passionate about driving positive changes through technological advancements and has a notable track record in technology commercialization. Prior to his involvement with AdvEn, he founded BitCan Geosciences & Engineering Inc. in 2000, developing it into a respected technology and service company for the worldwide upstream oil/gas industry.
“Furthermore, we extend our gratitude to Michael Steele, who has been with the Company as CFO since 2021 and as interim CEO since July 2023 and left AdvEn by mutual agreement as of May 31, 2024. Under his leadership, the Company achieved significant milestones and was well positioned for future growth. We wish him all the best in his future endeavors,” concluded Dr. Ombach.
About Us
AdvEn Inc. (formerly Nano Innovations Inc.), through its wholly owned subsidiary AdvEn Industries Inc., develops and commercializes carbon-centric advanced technologies converting petroleum refinery residues into non-combustible products for energy and environmental applications. AdvEn’s 36,000 ft2 manufacturing plant and research facility in Nisku, Alberta, Canada will initially produce up to 400 metric tons per year of advanced super activated carbon (“ASAC”) before scaling to 1,200 metric tons per year; and is also piloting the Company’s patented dry electrode super adhesive coatings (“ESAC”) process. Both ASAC and ESAC provide superior technical performance, reduced GHG emission and energy consumption with excellent cost efficiency.
AdvEn, ASAC and ESAC are trademarks of AdvEn in Canada and the United States.
Calgary, Alberta — July 17, 2024 — AdvEn Inc. (“AdvEn”) is pleased to announce the appointment of Mr. Philip Chong as the Company’s Chief Financial Officer (“CFO”). “Mr. Chong brings to AdvEn a wealth of international business experience across diverse industries, including financial investment, property development, manufacturing, clean energy, internet, life sciences, and food industries,” […]
Calgary, Alberta — July 15, 2024 — AdvEn Inc. (“AdvEn”) is pleased to announce the appointment of Donald (“Don”) Nicholson to its esteemed Board of Directors, succeeding Eloner Habtezghi. Don brings a wealth of experience in corporate leadership and governance coupled with his extensive engineering career in overseeing major projects across multiple industries. Mr. Nicholson […]
December 6, 2023 (Calgary, AB) –AdvEn, a leading material technology and manufacturing company, has inked a significant Contribution Agreement with Emissions Reduction Alberta (ERA), securing $2 million in funding for its pioneering project, "Pilot Production of Electrodes for Energy Storage Systems on Industrial-scale Equipment via a Transformative Dry Process.”
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October 30, 2023, (Calgary, AB) – AdvEn Industries Inc., a wholly owned subsidiary of AdvEn Inc., received its occupancy permit today from the County of Leduc for its advanced super activated carbon (“ASAC”) manufacturing plant in Nisku, Alberta.
