Macrotek Inc.

Macrotek Receives Investment from Government of Canada to Develop New Scrubbing Technology for Industrial Gases

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Source: Macrotek Inc.

September 12, 2013 - Markham, Ontario -- Macrotek announced that it received an investment of $2 million from the Government of Canada through Sustainable Development Technology Canada (SDTC) for the development of a new scrubbing process for industrial gases.

Macrotek has developed a ground-breaking suite of technologies that scrub in a novel, cost-effective and efficient way. The technology is developed initially to eliminate hydrogen sulfide (H2S), which is a major component of acid rain, from industrial gas streams. The technology uses a regenerative reagent, drastically reducing reagent consumption. It also converts H2S into its elemental form of sulphur, eliminating the current need to treat sulphate by-product in wastewater streams.

'Canada must nurture highly skilled individuals and new ideas that will help our businesses innovate, secure new markets and create well-paying jobs,' said Minister Oliver. 'By supporting advanced research and technology, our government is investing in Canadian prosperity and a cleaner environment.'

'The projects announced today are great examples of the Canadian innovation and entrepreneurship that characterizes SDTC's portfolio, valued at more than $2 billion and brimming with innovative technological solutions,' said Vicky Sharpe, President and CEO of SDTC. 'Canadian cleantech leaders are continuing to create economic opportunities and open up avenues to new export markets.'

'Thanks to support from the Government of Canada through Sustainable Development Technology Canada, Macrotek's innovative new scrubbing technique could revolutionise the industry, bringing it to a new level of environmental responsibility while achieving sound economic returns,' said Peter Ristevski, Macrotek. 'When the full life-cycle costs of this technology are considered, we can save Canadian companies 50% in operating costs.'

The technology developed by Macrotek will also maintain or improve contaminant removal efficiency. This technology has the potential to address a multitude of other pollutants, such as nitrogen oxides, simultaneously.

'The projects announced today are great examples of the Canadian innovation and entrepreneurship that characterizes SDTC's portfolio, valued at more than $2 billion and brimming with innovative technological solutions,' said Vicky Sharpe, President and CEO of SDTC. 'Canadian cleantech leaders are continuing to create economic opportunities and open up avenues to new export markets.'

This funding was a part of a $14.7 million investment announced today by the Government of Canada to support four clean technology projects.

For more information, please contact:

Janet Ristevski
Macrotek Inc.
905-415-1799 x 26
jristevski@macrotek.com

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