Bluebird invests $3.5 million in Mantra’s CO2 electroreduction technology, will market in Korea

In Canada, Mantra Venture Group and Bluebird Company, an environmental engineering company based out of Seoul, announced a MOU under which Bluebird will become an integral partner in the development, deployment and commercialization of Mantra’s Electroreduction of Carbon Dioxide Technology project in Korea.

Bluebird will invest CDN $ 3.5 million to develop commercial scale carbon dioxide processing equipment, and become Mantra’s exclusive licensee, distributor and manufacturing partner in Korea and other specified regions within Asia. The final partnership is expected to be signed by the end of next month.

Free Subscription to the Daily Biofuels Digest e-newsletter

Subscribe FREE to the world's most-widely read biofuels daily. Enter your email in the box below,

or click here to subscribe:

Entry Information