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May 9th, 2005

Groundbreaking Clean Technology Project

Abstract:
A Canadian consortium led by Quantiam Technologies Inc. of Edmonton announced today a $1.45 million contribution from Sustainable Development Technology Canada (SDTC) for a project to develop and demonstrate a technology for more efficient manufacturing of olefins - the single largest group of industrial petrochemicals worldwide.

This world-first technology is a significant step forward in reducing greenhouse gases in the industrial sector. In addition, it could lower the energy costs of olefins manufacturing by up to 20 percent.

Source:
newswire.ca

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