FPX Nickel Subsidiary CO2 Lock Corp. Named to Foresight 50 List of Canada’s Most Investible Cleantech Ventures
Canada’s cleantech industry is growing rapidly and bringing tremendous opportunities for investment. Foresight magazine recently recognized the tremendous potential of Canada’s cleantech sector by selecting FPX Nickel Corp.’s subsidiary, CO2 Lock Corp., as one of the 50 most investible cleantech ventures in the country. This honour puts FPX Nickel at the forefront of the cleantech industry in North America.
CO2 Lock Corp., a subsidiary of FPX Nickel, specializes in capturing and reusing industrial CO2. The company is leading the effort to reduce greenhouse gas emissions by recapturing and repurposing industrial-used CO2 as a building block for other materials.
FPX Nickel’s patented technology, called the Recyclable Carbon Activation (RCA) process, is capable of removing CO2 from power plants, cement plants, and other large-scale industrial operations. This RCA process is cleverly designed to capture CO2, thus preventing the emissions from entering the atmosphere. It is also the only process available today to truly recycle CO2.
The designation by Foresight Magazine as one of Canada’s most investible cleantech ventures is an important milestone for both FPX Nickel and for the Canadian cleantech sector. As the world transitions to a more low-carbon economy, initiatives such as FPX Nickel’s RCA process are essential to mitigate the effects of climate change.
This recognition further reinforces the strength of FPX Nickel’s commitment to developing sustainable technologies that help society transition to a clean and low-carbon future. FPX Nickel’s development of the RCA process is an excellent example of a cleantech venture combining research, technology, sustainability, and economic relevance.
In conclusion, FPX Nickel and its subsidiary, CO2 Lock Corp., have certainly made a splash in the cleantech industry with their RCA process. With their selection to Foresight Magazine’s list of the 50 most investible cleantech ventures in Canada, FPX Nickel is paving the way for others to follow in their footsteps and helping to create a cleaner and more sustainable future for all.