CO2 Solutions Inc. announced that Kiverdi Inc. ("Kiverdi"), has joined the Valorisation Carbone Quebec ("VCQ") Project as a carbon use partner. CO2 Solutions and Kiverdi will demonstrate carbon capture and utilization ("CCU") through the deployment of Kiverdi's proprietary bio-process to convert CO2 into bio-based products alongside CO2 Solutions' enzymatic carbon capture technology at the Parachem site in Montreal, Quebec. Under the terms of the agreement, CO2 Solutions, through the VCQ Project, will fund the construction of a Kiverdi CO2 conversion unit as well as fund the subsequent demonstration at the Parachem site. Specific financial terms of the collaboration agreement between CO2 Solutions and Kiverdi were not disclosed for competitive purposes. It is expected that the Kiverdi unit will operate at the Parachem site following its construction as a participant of the VCQ Project, which will conclude in March 2019.