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Article: Mantra to collaborate with King Fahd University of Petroleum and Minerals on products of interest to the petrochemicals industry.
- Article from:
- Chemicals & Chemistry
- Article date:
- November 13, 2009
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Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has signed a Letter of Intent (LOI) with King Fahd University of Petroleum & Minerals (KFUPM) based out of Dhahran, Saudi Arabia. Under the terms of the LOI, Mantra and KFUPM's Center for Refining and Petrochemicals (CRP) have expressed a mutual interest to explore and research new processes that would use Mantra's Electroreduction of Carbon Dioxide (ERC) reactor, a form of carbon recycling.
Current processes developed by Mantra have been demonstrated as effective in converting CO2 into a variety of valuable chemicals, including: formate salts, formic acid, oxalic acid and ...