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The Dutch start-up Photanol will use proceeds from a recent $9 million funding round to build a plant at AkzoNobel Specialty Chemicals’ site in Delfzijl, the Netherlands. The facility will demonstrate Photanol’s photosynthesis-like technology, which uses cyanobacteria to convert sunlight and CO2 into chemical building blocks. AkzoNobel hopes to use one of the building blocks as a raw material.
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