Vancouver-based developer of carbon capture technology, Inventys, has announced a number of leadership changes with Wayne Thomson appointed Executive Chairman, replacing CEO Andre Boulet.
Soheil Kaiavi, the co-inventor of Inventys’ flagship VeloxoTherm technology has been named to the new position of Chief Technology Officer, while company co-founders, Brett Henkel and Darryl Wolanski, join the newly appointed executive team as Vice Presidents of Commercial Development and Business Development respectively.
“This change reflects Inventys’s renewed interest in development partnerships with industry and academia, which will be critically important in advancing the company’s next generation carbon capture technology,” said Thomson.
The company’s VeloxoTherm process uses patented adsorbent structures and a rapid cycle thermal swing process to reduce the cost of carbon capture compared to other conventional processes.
“Inventys is developing technical advances that should dramatically reduce the cost of carbon capture so that it can be deployed worldwide. If successful, our technology could revolutionize carbon capture,” said Dr Steven Chu, Inventys Board Member and former US Energy Secretary.
The VeloxoTherm process also has other potential applications, explained Khiavi: “Inventys’ adsorbent structures are a technology platform that can be used in numerous gas separation processes, including carbon capture. Adsorbent structures are an enabling technology that can employ adsorbent materials of most any description and put them to use in real-world applications.”
Broadening VeloxoTherm’s application will be a part of Khiavi’s new role as Chief Technology Officer, Thomson added.
Edited by Jonathan Rowland.
Read the article online at: https://www.worldcoal.com/coal/25052016/inventys-makes-leadership-changes-2016-838/