On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

NetworkNewsBreaks – Pond Technologies Holdings Inc. (TSX.V: POND) Identifies Method of Making Emissions Reduction Financially Practical

Company: Pond Technologies Holdings Inc. (POND)
Category: News

Pond Technologies Holdings (TSX.V: POND), a technology company pursuing the nutraceutical, health supplement, and natural food coloring verticals, was recently highlighted in a Bloomberg article titled, “Turning pollution into profit,” authored by Jason Smith. By connecting its photobioreactors (large tanks equipped with sensors and specialty lighting) to emission-producing industrial plants, POND believes the company has identified a financially feasible method of emission reduction. The company has one pilot plant currently in operation and two commercial facilities under development with local industry partners. One facility is Markham District Energy’s Warden Energy Centre and the other is an addition to Stelco’s Lake Erie Works steel mill. The company anticipates the success of the facilities will assist in securing more capital. The plan seems to be effective, as the company recently signed a letter of intent with Inventiv Capital Management to fund up to $100 million of Pond’s projects across North America. “We are actively trying to accelerate the rollout of our technology and have begun the detailed engineering work and construction at Stelco. We have support from the provincial government and should have the first phase up and running over the next 12 months,” Pond Technologies Holdings CEO Steve Martin comments stated in the article.

To view the full article, visit http://nnw.fm/v5NRi

About Pond Technologies Inc.

Located in Markham Ontario, Pond is a technology company that provides profitable solutions to the global health and wellness challenges of pollution abatement and nutrition. Pond’s proprietary growth platform optimizes key growth inputs in order to provide a controlled environment that maximizes the growth of algae and other organisms. It enables industrial emitters to generate new revenue streams from the transformation of waste CO2 to valuable algae-based products used as proteins for animal feed and nutraceutical products like Chlorella, Spirulina and Astaxanthin for human consumption. For more information, visit the company’s website at www.PondTech.com.

More from NetworkNewsBreaks

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information please visit https://www.networknewswire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217