Innovation to reduce environmental impact from oil and gas industry operations while reducing costs of production
DELTA, BC, May 23, 2019 /CNW/ - A strong economy and a clean environment go hand-in-hand. That's why the Government of Canada is supporting the development of technologies that lead to less pollution, healthier communities and the creation of well-paying middle-class jobs.
Today, the Honourable Carla Qualtrough, Minister of Public Services and Procurement and Accessibility, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development announced an investment of $2.1 million in Mangrove Water Technologies.
Funding for Mangrove Water Technologies Inc. will support its zero discharge desalination technology, which will reduce the environmental impact of oil and gas sector operations. This revolutionary innovation treats saline wastewater and converts the salts into value-added chemicals such as hydrochloric acid and sodium hydroxide that can be used on-site. This technology helps oil and gas producers reduce costs and water usage, resulting in cleaner air and water over the long term. It will also help to maintain three jobs and create up to ten additional jobs.
This project received funding and support from Sustainable Development Technology Canada (SDTC), which helps Canadian entrepreneurs accelerate the development and deployment of globally competitive clean technology solutions.
Investments in clean technology are part of the Government's Innovation and Skills Plan, a multi-year strategy to position Canada as a global leader in innovation and create good middle-class jobs right across the country.
Quotes
"Innovative projects like the one developed by Mangrove Water Technologies demonstrate how a strong economy and a clean environment go hand-in-hand. The investment announced today will not only help the oil and gas industry treat waste water and lower greenhouse gas emissions, it will also help to maintain jobs and create new ones by reducing costs and logistical headaches for the producers."
– The Honourable Carla Qualtrough, Minister of Public Services and Procurement and Accessibility
"The future of innovation is clean technology. There are opportunities to make money and create jobs in all industries across Canada. That's why the government is making clean tech a priority. We are securing Canada's position of international leadership today, so all Canadians can reap the benefits of this fast-growing market into the future."
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development
"By converting waste gas and saline water to high value chemicals, Mangrove's modular solution will have a meaningful impact in making Canada's oil and gas sector more sustainable for the future. SDTC's support for companies creating sustainable solutions is making a real difference in driving Canada's environmental and economic prosperity."
– Zoe Kolbuc, Vice-President, Partnerships, SDTC
"Mangrove has developed a distributed manufacturing platform that converts waste streams to chemicals on-site & on-demand and water for reuse. This not only simplifies logistics and reduces cost but also has significant environmental benefits around GHG reduction and water conservation. This SDTC investment will help to accelerate commercialization with our customer and project partner Canadian Natural Resources Ltd. through an in-field demonstration of a fully integrated 100m3 system at their mining site in Alberta. This system will also serve as the commercial building block to access other industrial applications beyond oil & gas. We are very excited by this announcement and the support from the Federal Government."
– Saad Dara, co-founder and CEO, Mangrove Water Technologies Ltd.
Quick facts
- The world is taking notice of Canada's clean technology leadership. Recently, 12 Canadian companies were recognized on the 2019 Global Cleantech 100 list. Of those, 10 have received support from Sustainable Development Technology Canada: that's 10 percent of the world's leading clean tech companies.
- Mangrove is headquartered in Vancouver, British Columbia, and will demonstrate its project in Fort McMurray, Alberta.
- SDTC has invested over $1 billion in more than 300 companies, creating 12,000 well-paying jobs and reducing greenhouse gas emissions by an estimated 13.8 megatonnes annually.
- Budget 2017 set aside more than $2.3 billion to boost the growth of Canada's clean tech space. That's the largest public investment ever committed to this field in Canada.
- Clean tech companies can get advice from a team of experts from across government through the Clean Growth Hub. The Hub provides a single, easy point of contact for connecting with clean technology programs and services.
Follow Innovation, Science and Economic Development Canada on Twitter: @ISED_CA
Follow Sustainable Development Technology Canada on Twitter: @SDTC_TDDC
SOURCE Innovation, Science and Economic Development Canada
Dani Keenan, Press Secretary, Office of the Minister of Innovation, Science and Economic Development, 343-291-1710; Media Relations, Innovation, Science and Economic Development Canada, 343-291-1777, [email protected]; Media Relations, Sustainable Development Technology Canada, 613-234-6313, [email protected]
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