HOUSTON, Aug. 16, 2021 /PRNewswire/ -- Carbontech
innovator HYCO1 announced today it has developed a proprietary
catalyst and process technology that gives industrial companies a
way to turn harmful CO2 waste into high value, sustainable
products. Using HYCO1's breakthrough technology, industrial
companies can quickly and drastically reduce their CO2 emissions
with no upfront costs. HYCO1 is then able to convert those
emissions into high purity gases that are in high demand for green
chemical production.
"High CO2 emitting companies are looking for solutions to
decarbonize. Our CO2 catalyst cost-effectively converts up to 100
percent of CO2 into usable gases, whereas conventional CO2
reforming technologies are limited to a much lower conversion rate
at a considerably higher cost," said Greg
Carr, co-founder and chief executive officer at HYCO1. He
added, "We can directly meet the decarbonization objectives and
corporate mandates that chemicals, fuels, building materials, and
power industries are seeking."
Turning CO2 emissions into low-cost, high-value products
represents a sustainable and easily scalable investment
opportunity. Using HYCO1's technology, companies can convert
millions of tons of CO2 per year into building block chemical gases
that can be directly reused in industrial source processes or
alternatively used to produce a wide range of low CI score products
that the world uses. From food grade waxes and efficient motor
oils, to paints, dyes, fertilizers and fuel, HYCO1 can create
carbon-negative or carbon-neutral products at the same or higher
quality than products made from petrochemicals.
"We're delivering a better way to reduce, reuse and recycle
carbon with bankable turnkey customer solutions," said Carr. "Our
carbon transformation process technology "drops into" existing,
manufacturing processes and integrates seamlessly at any scale
above 250 tons per day."
Well-positioned to address the emissions challenge, HYCO1 is led
by co-founders Greg Carr,
Jeff Brimhall and Kurt Dieker. Together, Carr, Brimhall and Dieker
bring more than 80 years of hydrogen, syngas, chemical
process, catalyst development, environmental technology, industrial
gases, and business development experience, overlapped with years
of successful tech start-up and funding experience.
About HYCO1
HYCO1 is the only carbontech company that
cost-effectively captures industrial-scale CO2 emissions from the
source and turns them into high-value, sustainable products.
Pioneering a new era for planet positive solutions through carbon
negative innovation, HYCO1 brings immediate, actionable CO2
conversion and utilization solutions to high CO2 emitting
industrial companies and ESG investors. By decarbonizing one
industrial plant at a time, HYCO1 plans to reduce, reuse, and
recycle carbon emissions in a way that reverses the effects of
climate change. Learn more at www.hyco1.com.
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SOURCE HYCO1