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PRESS RELEASE

published on 01/16/2024 at 22:40, 2 years 2 months ago

Carbon Capture & Utilization Pioneer Blue Planet Systems Announces New Strategic Funding to Advance Commercialization of Technology
Blue Planet Systems Corporation has announced the completion of new funding and a strategic collaboration with Marathon Petroleum Corporation to advance the commercialization of its Geomimetic® mineralization approach, which sequesters and permanently stores CO2 in synthetic limestone aggregate. The funding and collaboration will support the enhancement of production and technology readiness level of Blue Planet's carbon mineralization facility on the San Francisco Bay. This technology is seen as a critical alternative to traditional carbon capture approaches, as it mimics the low energy chemistry in nature responsible for the formation of limestone.

Blue Planet Systems Corporation Carbon Mineralization CO2 Sequestration Marathon Petroleum Corporation CCUS Approach

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DISCLOSURE OF SHARE CAPITAL AND VOTING RIGHTS
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EURAZEO IS ASSIGNED A BBB CREDIT RATING (STABLE OUTLOOK) BY S&P AND A BBB CREDIT RATING (STABLE OUTLOOK) BY FITCH

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