7 August 20245 August 2024 Cemvita Achieves Significant Milestone in Bioprocess Productivity Unlocking Cheaper, Faster Industrial Biotech Cemvita has unlocked new efficient technologies that allow for the production of up to 500 barrels per day of sustainable oil from its first commercial plant plant—a goal originally projected for 2029
5 September 202330 August 2023 Occidental Enters into Agreement to Acquire Direct Air Capture Technology Innovator Carbon Engineering Integration of Occidental's operations experience and Carbon Engineering's technology improves cost and capital efficiencies, and enables Occidental to catalyze broader partnerships for DAC deployment
10 August 20237 August 2023 Newlight Completes US$125M In New Equity Round Led by GenZero In addition to financial participation, Newlight has completed development agreements with CNG to commercialize specialty films decarbonized with AirCarbon and with OLCV to use direct air capture (DAC)
8 April 20224 April 2022 Turning Carbon Dioxide into Sustainable Fuel: United and Oxy Low Carbon Ventures Announce Collaboration with Biotech Firm to Create New Fuel Sources Houston-based Cemvita Factory’s synthetic biology process has the potential to create a new way to produce sustainable fuel for aviation - United has invested in more SAF production than any other airline
22 March 202216 March 2022 Carbon capture: Early days of a $1 trillion industry? Solutions such as carbon capture, utilization and storage in reducing carbon emissions or even going a step further and removing existing CO2 from the atmosphere are necessary
18 October 202113 October 2021 Start-up uses CO2 to create bio-building blocks Cemvita Factory's assessment shows it can utilise 1.7 million tonnes of carbon dioxide to produce 1 billion pounds of bio-ethylene per year to make plastics
27 April 20219 September 2021 Oxy Low Carbon Ventures, Cemvita Factory announce plan to develop pilot plant for innovative CO2-to-bio-ethylene technology OLCV-Cemvita technology is competitive with hydrocarbon-sourced ethylene processes
17 February 20219 September 2021 Elon And Exxon Agree: Carbon Capture Is Set To Explode In 2021 Robust research and development portfolio, supported by government initiatives, will be a key to rapid progress in this arena
4 February 20219 September 2021 Houston company could provide answer to Elon Musk’s $100 million question Karimi's technology can turn carbon dioxide into 30 different molecules, creating substances useful for Musk’s home and his envisioned developments on Mars
18 September 202016 September 2020 Competitive Edge: Velocys Company is developing a proprietary technology which enables the production of sustainable transport fuels from a variety of waste materials
3 September 20209 September 2021 Oxy Low Carbon Ventures, Rusheen Capital Management create development company ‘1PointFive’ to deploy Carbon Engineering’s Direct Air Capture technology 1PointFive and Carbon Engineering have signed a licensing agreement enabling the commercial development of the world’s largest DAC facility
22 October 20199 September 2021 Negative-emission fuel agreement Velocys’ Bayou Fuels project set to produce negative emission fuels after signing CCUS agreement with Oxy Low Carbon Ventures