Cytech specializes in CO2 capture technology, providing advanced absorbents and process technologies that efficiently extract carbon dioxide from industrial emissions. The company addresses the urgent need for effective carbon capture solutions to mitigate climate change and reduce greenhouse gas emissions.
Funding
Funding not disclosed
Founders
Product
Problem
Industrial facilities face increasing pressure to reduce carbon dioxide emissions, but existing carbon capture methods can be inefficient or costly to implement. Many industries require more effective and economical solutions to meet evolving environmental regulations and sustainability goals.
Solution
CE-TEK specializes in CO2 capture technologies, offering advanced absorbents and process technologies designed for efficient extraction of carbon dioxide from industrial emission sources, including ship exhaust. The company's core technology includes MABSol®, a proprietary CO2 absorption solvent, and CT-1, a domestically developed carbon capture absorbent. CE-TEK collaborates with companies such as HD Korea Shipbuilding & Offshore Engineering and Hyundai Heavy Industries Power Systems to develop and commercialize Onboard Carbon Capture Systems (OCCS) and other carbon capture, utilization, and storage (CCUS) technologies. Their solutions aim to provide a cost-effective pathway for industries to mitigate climate change impacts and adhere to tightening environmental standards.
Target Audience
The primary target audience includes industrial companies, particularly in the shipbuilding and offshore engineering sectors, seeking to implement carbon capture solutions to reduce emissions and comply with environmental regulations.
Features
- MABSol®: High-performance CO2 absorption solvent
- CT-1: Domestically developed carbon capture absorbent for industrial applications
- Onboard Carbon Capture System (OCCS) development for maritime applications
- AHI process and environmental hazard assessment system
- Development of CO2 capture, utilization, and storage (CCUS) technologies