U.S. Funds Companies That Make Use Of CO₂

Six companies will receive a total of $106 million from the American Recovery & Reinvestment Act of 2009 to develop processes that use carbon dioxide as a raw material. Novomer, for example, will get $18.4 million to work with Albemarle and Eastman Kodak on its process for converting CO₂ into carbonate polymers. Calera will receive $19.9 million to advance its process for mineralizing CO₂ into construction materials. And Alcoa will get $12.0 million to develop technology for converting CO₂ into carbonates and bicarbonates using an enzyme catalyst. The six companies will contribute $156 million in matching funds.