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Skyonic Corporation Awards $117M Construction Contract to Toyo-Thai-USA



   Skyonic Corporation Awards $117M Construction Contract to Toyo-Thai-USA

Toyo-Thai-USA to Construct Commercial-Scale Carbon Capture and Utilization
Facility at Cement Factory in San Antonio

PR Newswire

AUSTIN, Texas, July 10, 2013

AUSTIN, Texas, July 10, 2013 /PRNewswire/ -- Skyonic Corporation today
announced that it has awarded the $117M construction contract for the Capitol
SkyMine plant in San Antonio, Texas, to Toyo-Thai-USA Corporation (TTUS).
Toyo-Thai Corporation Public Company Limited (TTCL) is providing engineering,
procurement and construction (EPC) services to the project. Toyo-Thai has also
invested $1M in Skyonic to support the project.

"This is our first entry into North America as a full EPC provider and we are
looking forward to the experience," said Hironobu Iriya, President & CEO of
TTCL. "Building Capitol SkyMine® plant, the first commercial scale carbon
capture and utilization plant in the US, will have global implications and our
experience in the energy market makes us an ideal partner for this project."

An internationally acclaimed, globally oriented turnkey EPC contractor,
Toyo-Thai Corporation Public Company Limited provides design & engineering,
equipment & materials procurement, and construction (integrated EPC) services
for turnkey projects, primarily to the power, petrochemical, chemical, and
petroleum industries.

"When we looked at EPC partners for the nation's first commercial scale carbon
capture and utilization plant, Toyo-Thai's engineering experience really stood
out to us," said Joe Jones, founder and CEO of Skyonic. "The company's
construction and engineer expertise will be critical as we bring SkyMine® to
the commercialization stage with the help of our partners and investors."

Skyonic's electrolytic carbon capture technology, SkyMine®, will selectively
capture CO[2], acid gases and heavy metals from the flue gas of the Capitol
Aggregates Cement Plant, where the Capitol SkyMine facility will be
retrofitted. The captured pollutants will be mineralized into solid products,
including sodium bicarbonate, which are stored, transported and sold as safe,
stable solids. Process byproducts include hydrochloric acid and bleach, which
can also be sold into the market. By producing valuable products using
low-cost chemical inputs and operating at energy-efficient conditions,
SkyMine® captures CO[2] at a substantially lower cost than other carbon
capture technologies, allowing industrial emitters to turn a profit from
reduced emissions.

About Toyo-Thai Corporation

Thailand-based Toyo-Thai Corporation Public Company Limited (TTCL) was
incorporated in 1985 through a joint venture of Italian-Thai Development
Public Company Limited, one of Thailand's biggest contractors, and Toyo
Engineering Corporation, a leading international engineering company based in
Japan. As an integrated contractor, TTCL specializes in design and
engineering, procurement of equipment and materials, and construction
(integrated EPC) services for turnkey projects, mainly to the power,
petrochemical, chemical, fertilizer and petroleum industries.  A leading
domestic and international engineering service provider for 28 years, TTCL has
successfully undertaken more than 215 projects in the area of process plants
and facilities and has earned a solid reputation for quality, safety, and
on-time delivery. TTCL is committed to providing economically and
environmentally sound engineering for its clients and the communities in which
it operates.  Since 1997, TTCL has expanded its international operations,
building plants in the U.S.A., China, Vietnam, the Philippines, Qatar, Timor
and elsewhere.    TTCL has set up subsidiaries in Vietnam, Malaysia, the
U.S.A., and Myanmar in order to meet the growing international demand for its
specialized services in the area of process plant design and construction. For
more information go to www.toyo-thai.com

About Skyonic Corporation

Skyonic Corporation builds new and retrofittable industrial plants that
produce carbon-negative chemical products at the lowest cost, while
mineralizing industrial CO[2] emissions and scrubbing SOx, NOx and mercury.
The company's technologies are designed to economically extract and mineralize
carbon dioxide from industrial flue gas into products, such as baking soda,
hydrochloric acid and limestone, at a commercial scale. These carbon chemistry
processes have a two-fold effect, not only driving profit through the sale of
products, but also helping to mitigate the effects of industrial pollution and
close the carbon cycle. The company is building the nation's first
commercial‐scale carbon capture and utilization facility at Capitol
Aggregates, Inc. with support from ConocoPhillips, BP, Northwater Capital and
PVS Chemicals. Skyonic was founded in 2005 by inventor and CEO, Joe Jones and
is located in Austin, TX. For more about how Skyonic produces solid returns
from clean air, visit http://www.skyonic.com

SOURCE Skyonic Corporation

Website: http://www.skyonic.com
Contact: Stacy MacDiarmid, (512) 658-2265, stacy@skyonic.com, or Phoebe
Francis, Lois Paul & Partners, (512) 638-5338, phoebe_francis@lpp.com
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