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Markham Headquartered Pond Technologies Announces the Commencement of Phase 1 of a $16.8 Million Project at Markham District Energy

Pond TechnologiesCALGARY & MARKHAMFeb. 28, 2018 /CNW/ - Pond Technologies Holdings Inc. today announced the shipment of its proprietary Matrix System to Markham District Energy Inc. (MDE). 

Pond TechnologiesCALGARY & MARKHAMFeb. 28, 2018 /CNW/ – Pond Technologies Holdings Inc. today announced the shipment of its proprietary Matrix System to Markham District Energy Inc. The shipment marks the commencement of the first phase of a $16.8 Million project to convert CO2 emissions to valuable algae-based nutraceutical products. Pond’s Matrix System optimizes algae strain selection through the analysis of its customer’s emissions.

Pond also announced the signing of an exclusive marketing agreement with MDE who will market and develop customer projects using Pond’s solution for the District Energy market worldwide.

Full Article: www.newswire.ca