Partner Article
Capitalizing on Carbon Conversion
A university spin-out in Newcastle may have found the key to tackling one of the biggest problems facing industrialists today.
With global warming showing no sign of slowing, carbon capture and storage has become the solution of choice when it comes to cutting CO2 emissions.
However, as Tyneside firm Dymeryx has recognised, this can be an expensive and energy intensive process given the lack of a large scale commercial use for the waste CO2.
Following years in the research and development phase, the company has now made a major breakthrough in producing valuable chemicals from the waste in power station flue gas.
It has developed specialist CO2 conversion catalysts which create cyclic carbonates from waste CO2.
The result is a chemical byproduct with a wide range of potentially lucrative applications such as fuel additives, solvents, electrolytes for lithium ion batteries as well as various process industry applications.
As Dymeryx accelerates towards becoming a commercial concern, the market that lies in wait for its highly-skilled team looks set to be vast, both in value and geographically.
Despite being committed to remaining in the North East, thanks in part to the region’s excellent universities and Teesside’s globally-recognised chemicals industry, the promise of international success for the firm looks to be huge.
This was posted in Bdaily's Members' News section by Laura White .
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