NCA Partnership With FuelPositive

NCA Partnership With FuelPositive

FuelPositive Announces Manufacturing Partnership With National Compresssed Air For Commercial System Development

NCA Canada is delighted to announce that it has been selected by FuelPositive, a Canadian-based growth stage company committed to providing commercially viable and sustainable clean energy solutions, to undertake the manufacturing of the Company’s Phase 2 Ammonia Synthesizer commercial prototype systems for Carbon-Free Ammonia (NH3) production.

Read the full news below or on Yahoo finance news: https://yhoo.it/3yzbFLQ

TORONTO, ON, May 19, 2021 

FuelPositive Corporation (“FuelPositive” or the “Company”) (TSX.V: NHHH) (OTC: NHHHF) is pleased to announce the selection of National Compressed Air Canada Ltd. (NCA) to undertake the manufacturing of the Company’s Phase 2 Hydrogen-Ammonia Synthesizer commercial prototype systems for Carbon-Free Ammonia (NH3) production.

“This critical milestone for FuelPositive will confirm the broad application potential for our technology and is the backbone of our Carbon-Free Hydrogen-NH3 offering,” said Ian Clifford, CEO of FuelPositive. “Partnering with the knowledgeable and experienced team at NCA on this commercialization project will bring our development-stage program to life.”

Traditional ammonia manufacturing currently exists on a massive scale, in centralized facilities and results in some of the world’s most concentrated CO2 emissions. With 200 million metric tonnes of NH3 consumed per year, 80 per cent of which is utilized by the agricultural sector, traditional NH3 is responsible for significant greenhouse gas emissions.

“FuelPositive’s modular and transportable systems leveraging various shipping container configurations will be suitable to offer a broad range of Carbon-Free Hydrogen-NH3 capabilities across a multitude of end-user applications,” added Mr. Clifford. “This flagship project could pave the way for the broad acceptance of ammonia as a fossil fuel replacement.”

FuelPositive’s Carbon-Free Hydrogen-NH3 system will be adaptable to multiple applications, from smaller stand-alone fuel generation systems for transportation companies, to larger agricultural systems for significant farming enterprises, all the way to large grid storage systems for hydro, wind, solar or geothermal electricity generation operations.

“It is an exceptional day to see our technology take the next step towards commercialization,” said Dr. Ibrahim Dincer, co-inventor of the FuelPositive Hydrogen-NH3 system. “We will work closely with the NCA engineers on this commercialization project, which we have every confidence will make a consequential positive change in reducing global CO2 emissions.”

With more than 50 years experience, NCA is an industry leader in the development, manufacturing, and servicing of transportable compressors using multiple gasses and highly specialized exploration equipment, making them an ideal partner to collaborate with on this project.

“We are extremely pleased to have been approached by the FuelPositive team to partner on this innovative and extremely important environmental project,” said Derek Keddie, President of National Compressed Air. “Our team of experienced engineers with specialization in relevant technologies will work intensively with the Company and Dr. Dincer’s team to prove the scalability and commercial viability of clean NH3 production.”