CO2 Capsol is pleased to announce the appointment of Cato Christiansen as our Chief Technical Officer
Press release
Oslo, Norway - 15 August 2022
CO2 Capsol is continuing to expand the organization with talented resources, and
we are pleased to announce the appointment of Cato Christiansen as Chief
Technology Officer (CTO) of CO2 Capsol AS.
Cato brings extensive experience from the Norwegian Ministry of Petroleum and
Energy, Section for Carbon Capture and Storage, working with the realisation of
“Longship”, the Norwegian industrial CCS demonstration project, and Technology
Centre Mongstad (TCM). Cato is also a former director of the program board for
CLIMIT, Norway’s national program for research, development and demonstration of
CO2 capture and storage technology.
With more than 20 years of experience from various roles within the energy
sector, where carbon capture and storage has evolved as his core expertise
throughout his career, Cato will be a valuable resource to the Company in an
exciting phase where CO2 Capsol is growing quickly, adding more engineering
capacity, and developing the technology further.
Cato completed his PhD in Mechanical Engineering in 2001 after which he worked
for Scandpower Petroleum Technology (now part of Schlumberger), followed by
Shell Technology Norway and the Norwegian Ministry of Petroleum and Energy,
before joining CO2 Capsol.
Media contact:
CO2 Capsol
Tone Bekkestad
CMO
Mob: +47 4129 2013
Mail: tone.bekkestad@co2capsol.com
About CO2 Capsol
CO2 Capsol offers a cost competitive and environmentally friendly carbon capture
technology utilizing the safe solvent hot potassium carbonate (HPC). HPC has
been used for CO2 removal from gas streams for more than 70 years in different
industries globally and is a well-known process in the industry. What
differentiates CO2 Capsol´s HPC technology from other HPC (and amine)
technologies, is a patented energy-recuperation which keeps most of the energy
within the system, and optimal integration of the Company´s solution into the
host plant’s processes to decrease complexity and create new revenue streams for
the industrial emitter.
Due to strong interest in the Company´s technology, CO2 Capsol also offers the
mobile, containerised carbon capture demonstration unit, CapsolGo. CapsolGo is
an easy and affordable way for industrial emitters to test CO2 Capsol’s safe and
environmentally friendly HPC technology, and for many the first step towards a
full-scale carbon capture plant.
CO2 Capsol has a very competitive technology protected by IP rights. The base
case revenue model is to license out patents. We negotiate directly with project
owners or participate by collaboration with industrial players.
CO2 Capsol is listed on Euronext Growth Oslo, Norway (ticker: CAPSL).
https://www.co2capsol.com/news
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