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Chevron Invests in CO2 Capture Startup
Jan 18, 2021 11:50:am
Summary
by: Joe Murphy
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Chevron Invests in CO2 Capture Startup
US major Chevron announced on January 14 that it had made a Series C investment in San Jose-based Blue Planet Systems Corp, a startup that manufactures and develops carbonate aggregates and carbon-capture technology to reduce emissions from industrial operations.
Chevron and Blue Planet also signed a letter of intent to work together at potential pilot projects and commercial development in key geographies, the oil and gas producer said.
Blue Planet, founded in 2013, creates carbonate-based building aggregate made from flue gas-captured CO ....

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