Climeworks AG and Antecy B.V. are joining forces
Climeworks AG and Antecy B.V. share the same goal of removing climate-relevant amounts of CO2 from the atmosphere and joining forces renders this goal more achievable. The combination of their technologies will result in even more powerful solutions for both carbon dioxide removal, as well as direct air capture and CO2 utilization.
The two direct air capture (DAC) companies companies have been discussing a collaboration since mid-2018 and in April 2019, an agreement was reached to join forces and fully merge teams, technology development, brands and business activities. Antecy’s relevant assets have been acquired by Climeworks and the business activities of both Antecy and Climeworks will be conducted through Climeworks AG, Switzerland.
Climeworks has been capturing CO2 from ambient air since 2009 and has developed a portfolio of different sorbent materials, process technology, and plant designs. Its DAC solutions are characterized by a high degree of modularity, not only in terms of scale, but also of technologies implemented; in particular with regard to sorbent materials and related processes. Climeworks purposefully designed its modular CO2 collectors in a versatile manner – allowing them to use different sorbent materials and operate with different processes.
Antecy has been developing non-amine based sorbent materials for CO2 capture since 2010. The Antecy team thereby bring with them more than a decade of expertise in alternative sorbent materials and process development and a corresponding IP portfolio – as well as customers and public funding bodies. Antecy’s sorbent materials offer particularly low-cost production routes.
Joining forces strengthens and broadens the Climeworks technology portfolio, and will speed up the further development of Climeworks’ DAC technology.
Climeworks co-founder and CEO Jan Wurzbacher: “Our DAC products are designed to be technology agnostic; our sole purpose is to deliver the most transparent and most scalable DAC solutions possible. By complementing our portfolio with new technologies such as those developed by Antecy, we can further strengthen our offerings to the market.”
Antecy Managing Director Paul O’Connor: “We are delighted about this joint undertaking and strongly believe that the combination of our technologies will result in even more powerful products for both carbon dioxide removal, as well as direct air capture and CO2 utilization.”
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.
Most read news
More news from our other portals
Possible trigger of Crohn’s disease discovered
Dysfunctional mitochondria disrupt the gut microbiome
Cost-effective modular system for optical imaging from the 3D printer
Like building with Lego bricks
Something is happening in the chemical industry ...
This is what true pioneering spirit looks like: Plenty of innovative start-ups are bringing fresh ideas, lifeblood and entrepreneurial spirit to change tomorrow's world for the better. Immerse yourself in the world of these young companies and take the opportunity to get in touch with the founders.
