Valent Low-Carbon Technologies acquires Calgary’s Katal Energy; Secures new investment from the Richardson Family
EIN Presswire | October 19, 2020
Katal joins Valent’s portfolio of innovative low-carbon fuel and energy technology companies that are helping to decarbonize the Canadian transportation sector.
“Valent”), a Canadian energy technology company, is pleased to announce it has acquired Katal Energy Inc. (“Katal”). Katal is a low emissions alternative fuel company based in Calgary, Alberta that has developed a novel nano-emulsion drop-in fuel called Katal Green Fuel (KGF). Since its inception five years ago, the Katal team has proven the technology at the pilot scale, demonstrating significant reductions in PM and NOx emissions compared to traditional diesel fuels.