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2008 Media Release

Shell acquires gas emissions treating specialists Cansolv Technologies Inc.

02/12/2008

Shell Global Solutions International B.V. today acquired 100% of the shares of Cansolv Technologies Inc. (Cansolv), a provider of technologies designed to counter air pollution.

Cansolv offers technology for the control of sulphur dioxide (SO2) and other contaminants as well as a carbon dioxide (CO2) capture process for greenhouse gas reductions. Cansolv has a strong research and development strategy to develop new and enhance existing applications for its technologies.


The CANSOLV® SO2 Scrubbing System removes sulphur dioxide from combustion gases. SO2 removal helps industries such as oil refining, chemical processing, utilities and metals to improve environmental performance and meet regulations that aim to reduce acid rain.


Greg Lewin, President, Shell Global Solutions International B.V., said: “As global energy demand grows and the availability of easy oil and gas diminishes, strong gas treating capabilities will be required to help unlock new resources such as complex contaminated gases or coal, while maintaining environmental performance.


“We want to improve our capabilities to clean up contaminated gas and gases released during processing operations, focusing on the reduction of SO2 emissions in the first instance.


“Cansolv’s promising capabilities in CO2 capture will also allow us to further explore post-combustion carbon capture technology and solutions. We must ‘learn by doing’ in order to reduce costs, accelerate technology development and ultimately make carbon capture and storage commercially viable on the back of emissions trading schemes.”


Cansolv’s offices are located in Canada (Montréal) and China (Shenzhen). All employees will be retained. The company will become fully integrated into Shell Global Solutions over time.


Lim Haw Kuang, Executive Chairman of Shell Companies in China, said: “This acquisition has the potential of helping our customers and partners in China to reduce their environmental emissions and enhance cleaner production. We welcome Cansolv’s people in Shenzhen to the Shell family and look forward to working with them in serving our Chinese customers.”


 

ENQUIRIES:


Shell Companies in China        010-65054501 ext. 2685
Li Lusha                               E-mail: lusha.li@Shell.com

Notes to editors:

Shell Global Solutions

Shell Global Solutions provides business and operational consultancy, catalysts, licensed technologies and research and development expertise to the energy and processing industries worldwide. Shell Global Solutions has approximately 5,500 staff located in an extensive network of offices around the world, with primary commercial and technical centres operating in the USA, Europe and Asia Pacific.

Shell Global Solutions supports the Shell Group's business activities in downstream manufacturing, downstream marketing, gas & LNG, production and project management. Outside of the Shell Group, the company successfully services refining, chemicals, gas, metals, pulp and paper and motor-sport customers worldwide.

Cansolv Technologies Inc.

Cansolv Technologies Incorporated was formed in 1997, through a management buyout from Union Carbide Corporation, to commercialise and market the CANSOLV® SO2 Scrubbing System. Since this date, Cansolv Technologies has demonstrated the capabilities of its regenerable SO2 control technology in a variety of applications and now counts seven units in operation, with several more in the construction or engineering phase. The CANSOLV® SO2 Scrubbing System has been adopted by industries such as oil and gas and non-ferrous metals. Cansolv Technologies has maintained a strong research and development strategy, which has resulted in the development of solvents for CO2 capture. Cansolv Technologies offices are located in Canada (Montréal) and China (Shenzen).

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