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Materials
Inventys Raises Cash For Carbon Capture
by Michael McCoy
August 18, 2014
| A version of this story appeared in
Volume 92, Issue 33
Inventys Thermal Technologies has raised an undisclosed amount of money from investors to advance its gas separation system for capturing carbon dioxide from industrial flue gas streams. Mitsui Global Investment and Chevron Technology Ventures are among the companies participating in the investment round. Vancouver-based Inventys says its system uses a low-pressure temperature swing adsorption technology to capture CO2 for $15 per metric ton, one-third the cost of combustion or chemical processes.
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