O-Two Carbon Inc. utilizes patented technology to convert industrial off-gas and flue gas, containing 10-20% CO2, directly into ethylene, the most widely used petrochemical. This process significantly reduces the cost of CO2 capture and aims to mitigate 1 million tons of annual emissions by producing approximately 0.4 million tons of ethylene by 2030.
Funding
Funding not disclosed
PAFounders
Product
Problem
Industrial facilities release significant amounts of carbon dioxide (CO2) in off-gas and flue gas streams, contributing to greenhouse gas emissions and climate change. Traditional CO2 capture methods are expensive, hindering widespread adoption and limiting their impact on reducing overall emissions.
Solution
O-Two Carbon provides a technology that directly converts industrial off-gas and flue gas, containing 10-20% CO2, into ethylene, a widely used petrochemical. This direct conversion process bypasses intermediate steps required by incumbent CO2 conversion methods, significantly reducing the cost of CO2 utilization. By directly utilizing low-concentration CO2 streams, the technology offers a cost-effective pathway to produce ethylene while mitigating carbon emissions.
Target Audience
The primary target audience includes industrial facilities with significant CO2 emissions from off-gas and flue gas streams, particularly those in the petrochemical and manufacturing sectors.
Features
- Patented technology for direct conversion of CO2 to ethylene
- Ability to process industrial off-gas and flue gas streams with 10-20% CO2 concentration
- Bypasses intermediate steps, reducing overall conversion costs