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Start-ups
Rutgers University spins out CO2-to-chemicals catalyst company
by Craig Bettenhausen
September 25, 2022
| A version of this story appeared in
Volume 100, Issue 34
The carbon dioxide utilization start-up RenewCO2 has spun out from Rutgers University with $2 million in seed funding. The firm says its iron- and nickel-phosphide electrocatalysts can convert CO2 into molecules such as formic acid, ethylene glycol, and furandiol. At full scale and run on renewable electricity, the process will yield carbon-negative polymer feedstocks at lower cost than petroleum-based routes, the company says. RenewCO2 wants to deliver systems to its first customers as early as 2025.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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