Markham, Ontario – January 24, 2017 – Pond Technologies and SNC-Lavalin have entered into a strategic partnership to develop and deliver Pond’s carbon recycling technology worldwide. Together, Pond and SNC-Lavalin will design, propose and construct projects using Pond’s innovative technology that converts carbon dioxide (CO2) into commercial products.

“We are very excited to be partnering with SNC-Lavalin.” said Steve Martin, Pond Technologies CEO. We believe that the pairing of Pond’s technology with SNC-Lavalin’s global engineering and project management capabilities will accelerate the deployment of our algae growing platform worldwide.” “We’re keen to work with SNC-Lavalin in offering their clients the opportunity to implement systems that can not only reduce greenhouse gas emissions, but transform them into valuable bio-products”. Martin added.

The strategic partnership between Pond Technologies and SNC-Lavalin is another great step in the development and the implementation of Pond’s unique carbon recycling technologies to industrial facilities worldwide. Pond is enthusiastic in partnering with SNC-Lavalin to create new business opportunities.

About Pond Technologies

Pond Technologies Inc. has developed a universal algae growing platform that successfully converts carbon dioxide to algal-based commercial products. As a pollution abatement technology, the algae growing platform converts the carbon dioxide found in the raw stack gas of industrial emitters into biofuels, animal feeds and natural fertilizers. For the Nutraceutical Market, Pond’s algae-growing platform transforms food-grade CO2 to very high value algae strains such as Chlorella, Spirulina and Astaxanthin, which are used as health food additives and supplements. For more information, visit www.pondtechnologiesinc.com

About SNC-Lavalin

Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin’s employees are proud to build what matters. Our teams provide Engineering, Procurement and Construction (EPC) and Engineering, Procurement, Construction and Management (EPCM) services to clients in a variety of industry sectors, including oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions. www.snclavalin.com

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