| Derya Yinanc, chief executive and chairman of Quantum Ingenuity Inc. Photograph by: Leah Hennel, Calgary Herald |
CALGARY — A Calgary-based research and development company says it has developed a number of “breakthrough” technologies that would reduce costs in the oilpatch while at the same time being environmentally-friendly.
Derya Yinanc, chief executive and chairman of Quantum Ingenuity Inc., said the company is in negotiations with “multiple major energy firms.”
“Developing breakthrough innovations for primary resource technologies, such as oil and gas, such as energy production, this is our purpose,” said Yinanc.
Quantum Ingenuity Inc. was founded in 2009 to provide improved primary resource production technologies. Its executive team includes Paul Harris, chief innovation officer and director of advanced concept research; oilpatch veterans Garry Mihaichuk, co-president for commercialization, and David Devenny, co-president for research and development; and director Bob Schulz, who is a professor in Petroleum Land Management at the University of Calgary’s Haskayne School of Business.
Yinanc said the company has achieved breakthroughs in clean coal technology, sustainable hydrogen production, and sustainable ethylene and acetylene production.
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