Delta CleanTech Accelerates into Chinese Market with Business Development Agreement

[ad_1]

Regina, Saskatchewan –News Direct– Delta CleanTech Inc.

Beijing, China, Calgary, Alberta – TheNewswire – January 18, 2022 – Delta CleanTech Inc. (“Delta” or the “Company”) (CSE:DELT ) (CNSX:DELT.CN) (FRA:66C) (OTC:DCTIF) on January 16, 2022, at a signing ceremony in Beijing, Delta signed a Carbon Capture, Utilization and Storage (“CCUS”) Business Development Agreement with the Nanjing Kisen International Engineering Co., Ltd. (“KISEN”) of China to expand its CO2 capture and utilization operations into the ever-expanding Chinese CO2 mitigation market.

At the virtual signing ceremony, Kisan Chairman: Mr. Jianhua Feng, and Delta’s Chairman: Mr. Lionel Kambeitz, exchanged messages identifying the importance of CCUS, and the need for robust and proven CO2 capture technology. Mr. Kambeitz applauded Mr. Feng’s leadership for the focus and progress that KISEN has demonstrated in climate change mitigation in China, particularly as it relates to the cement industry, which has been identified as a high value target industry for CO2 capture and utilization.

Mr. Jeff Allison, President of Delta, commented, “Delta’s recent success in CO2 capture project qualification on six significant projects is accelerating our needs to further expand operations in China to meet CO2 reduction demands. As such, we have expanded our collaboration with the KISEN Group to add to our existing relationships with the Chenglin and Wison Groups. KISEN will provide access to the cement industry, which is second behind coal-fired power generation in overall world CO2 emissions.”

“With the increase in our business volume in China, we need to collaborate with well-recognized Chinese state corporations already successful in the cement industry.” stated Mr. Allison. “The signing of this new Business Development Agreement, establishes Delta and KISEN as strong and long-term collaborators moving forward in this important industry, and will facilitate the creation of global leadership in adopting Delta’s technology to cement manufacturing.”

Click Image To View Full Size

About Delta CleanTech Inc.

Delta CleanTech Inc. is a 15-year ESG-driven, recognized global technology leader in CO2 Capture, Decarbonization of Energy, Solvent & Glycol Reclamation, Blue Hydrogen Production, and Carbon Credit Aggregation and Management. Delta continues to provide solutions to clients all over the world in sequestering, capturing, and reducing CO2 while producing high quality tradeable Carbon Credits.

About Nanjing Kisen International Engineering Co., Ltd.

Nanjing Kisen International Engineering Co., Ltd. established in 2001 is a 500-person international engineering company and part of the China Building Materials Group Corporation (Ranked 319 by Fortune). KISEN’s primary markets include cement plant general contracting, engineering, intelligent technical modifications, mechanical equipment manufacturing, electromechanical equipment installation, and cement kiln co-processing garbage and sludge.

For more information contact:

Jeff Allison, President

Phone: 306‐352-6132Cell: 306-530-6025E‐mail: jallison@deltacleantech.ca

Forward Looking Statements

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, which are based upon Delta’s current internal expectations, estimates, projections, assumptions and beliefs and views of future events. Forward-looking information can be identified by the use of forward-looking terminology such as “expect”, “likely”, “may”, “will”, “should”, “intend”, “anticipate”, “potential”, “proposed”, “estimate” and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions “may”, “would” or “will” happen, or by discussions of strategy. Forward-looking information include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. Specifically, this news release contains forward looking information relating to trading of the Company’s common shares on the CSE, the Company’s engagement with investors going forward, among others.

The CSE does not accept responsibility for the adequacy or accuracy of this release.

View source version on newsdirect.com: https://newsdirect.com/news/delta-cleantech-accelerates-into-chinese-market-with-business-development-agreement-signing-reception-977318125