Oxy Low Carbon Ventures, Cemvita Factory announce plan to develop pilot plant for innovative CO2-to-bio-ethylene technology
Share this article Share this article HOUSTON, April 6, 2021 /PRNewswire/ -- Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and bio-engineering startup Cemvita Factory today announced a plan to construct and operate a one metric ton per month bio-ethylene pilot plant, applying a jointly developed technology using human-made carbon dioxide (CO 2) instead of hydrocarbon-sourced feedstocks. The pilot project will scale up the process that was successful in laboratory tests, which showed the OLCV-Cemvita technology is competitive with hydrocarbon-sourced ethylene process...
Source: prnewswire.com