MARKHAM, ON, Dec. 8, 2017 /CNW/ – Stelco Algae Holdings Inc., a wholly owned subsidiary of Stelco Inc. (TSX:STLC)., and Pond Technologies Inc. of Markham Ontario are pleased to announce their collaboration for the construction of the world’s first commercial algae plant utilizing industrial greenhouse gas emissions. The plant will be located at Stelco’s Lake Erie Works steel mill in Nanticoke, Ontario and will be completed in Q4 2019 with engineering and construction work from SNC-Lavalin Inc.
The project will receive $5 Million in grant funding from the Ontario Centres of Excellence (OCE) and the Target GHG Program.
Full Article: www.newswire.ca