Mr. Paul Ghezzi reports

KONTROL TECHNOLOGIES OPERATING SUBSIDIARY CEM SPECIALTIES LAUNCHES NEW TECHNOLOGY SOLUTION FOR THE CEMENT INDUSTRY WITH GOVERNMENT FUNDING AND GLOBAL CUSTOMER PILOT PARTNER; TARGETING GHG EMISSION REDUCTIONS

Kontrol Technologies Corp.'s operating subsidiary CEM Specialties Inc. (CEMS) has launched its high-temperature dry kiln probe beta technology for the global cement industry and has been approved for government funding to support the launch.

"We are looking forward to advancing this new technology development and have a pilot partner which is one of the largest cement companies with global operations," says Gary Saunders, president of CEMS. "The potential addressable market for this technology covers thousands of cement plants globally as well as other specialized industries. The technology development and deployment will be supported through government funding."

High-temperate dry kiln development and pilot

The technology development will consist of the design and engineering of the dry kiln probe, testing and validation with CSA standards approval, and evaluation of the probe in a high-temperature kiln application in the facilities of one of the largest global cement companies in a specified facility in Ontario, Canada. The current design development has focused on reducing power consumption by up to 83 per cent, installation footprint by up to 90 per cent and capital costs by approximately 50 per cent, when compared with current technology in the market. The company anticipates the pilot to commence in Q2 2023.

"This new innovation from the emissions team adds to our growing portfolio of intellectual property as we seek to address the needs of our customers with a special emphasis on scalable technology and reducing GHG emissions," says Paul Ghezzi, chief executive officer of Kontrol Technologies.

The environmental and process monitoring of emissions is critical in industries, both for production (quality of finished products), reducing greenhouse gases (GHG) and harmful emissions, but also fuel savings, which reduces consumption of natural gas, coal and alternative fuels. Cement plants are one of the major contributors to GHG emissions globally. Enhanced monitoring and management can improve operating efficiency and lead to GHG emission reductions.

About Kontrol Technologies Corp.

Kontrol Technologies, a Canadian public company, is a leader in smart buildings and cities through Internet of Things, cloud and software-as-a-service technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

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