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Environmental Benefits Report shows AdvEn’s technology reduces emissions by more than 60%
Edmonton, Alberta — January 31, 2022 — AdvEn Industries Inc., a wholly owned subsidiary of AdvEn Inc. (together “AdvEn”), today released the results of an independent report showing a 71% reduction in greenhouse gas emissions (“GHG”) and a 60% reduction in sulfur oxides when compared to processes in Canada and internationally manufacturing similar products. The report estimates that upon completion, AdvEn’s 36,000 sq. ft. advanced super activated carbon (“ASAC”) manufacturing process will release 1/15 of the greenhouse gases of AdvEn’s competitors.
“This independent study validates our research and the environmental contribution our technology will make to the next generation of energy storage and environmental management,” said Dr. Weixing Chen, Chief Technology Officer. “It also demonstrates the importance of our technology in providing a non-combustible and sustainable product derived from refinery residues in Canada.”
The report, developed by Strategic Alliance for Innovation, Safety, and Sustainability Consulting Group (“SAISS”), was commissioned by AdvEn as part of its reporting obligations to Sustainable Development Technology of Canada (“SDTC”) who committed up to $4.1 million in grant funding for the ASAC manufacturing plant.
The report considered the reduction of GHG emissions, as well as other potential air contaminants associated with energy consumption at 300 metric tons of annual production. It also evaluated the manufacturing process in detail including all inputs and outputs when compared to other baseline competitors within Canada and globally.
“The results of this analysis and our own research demonstrate a significant competitive advantage for AdvEn as we near completion of our manufacturing facility and enter into the global super activated carbon market,” added Dr. Chen.
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.
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Calgary, Alberta, July 12, 2024 — AdvEn Inc., a pioneering Canadian producer of advanced super activated carbon (ASAC) products from petroleum refining residues, announced today that it has filed a F-1 registration statement with the U.S. Securities and Exchange Commission (SEC) in connection with a proposed initial public offering (IPO) of its common shares. The […]
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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.”
