CVMR Corporation (“CVMR”) announced today that it has acquired controlling shares of Enercarbon Inc.(“Enercarbon”). Kamran M. Khozan, Chairman and CEO of CVMR has accepted to act as the interim President and CEO of Enercarbon.
Enercarbon Inc. is a privately held, Canadian corporation based in Toronto, founded by Dr. S. Mosadegh and Dr. H. Radfarnia. It has developed a modular, cost effective “membrane contactor” that captures carbon dioxide (CO2) from the exhaust gas sources and through a proprietary process, developed jointly by CVMR and Enercarbon, turns it into valuable products such as graphene, graphite, various building materials, as well as diesel and jet fuel, at commercially competitive prices.
Being modular these systems are easily scalable and can be mounted on skids for different gas feed capacities and various conditions in various locations. The purity of the carbon extracted through this method allows production of graphene, graphite and other products with high purity, without the usual contaminants that exist in refining of mineral graphite.
“The synergy between Enercarbon Inc., and CVMR Corporation brought us together. We are collaborating to produce a host of new products that are highly sought after through a unique process that reduces greenhouse effect, cleans the air and turns a dangerous pollutant, CO2, into useful modern materials,” stated Kamran M. Khozan, Chairman and CEO of CVMR Corporation.
Enercarbon’s research and development focuses on mitigating CO2 by turning it into valuable materials. The emitted CO2 is captured then turned into products such as graphene, titanium oxide-based building materials, diesel and jet fuel and a host of other products, where the CO2 is settled and trapped in the structure of such materials. Some of the novel building materials created through this process not only reduce and capture the emitted CO2, they have unique properties such as self-cleaning surfaces that resist mold and mildew, known as “anti-fogging properties” in the industry, and when mixed with nano-powders of silver or copper they incorporate anti-bacterial properties.
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