{"id":19512,"date":"2014-03-10T03:15:06","date_gmt":"2014-03-10T01:15:06","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=19512"},"modified":"2021-09-09T21:50:16","modified_gmt":"2021-09-09T19:50:16","slug":"liquid-light-unveils-cost-advantaged-catalytic-process-make-chemicals-co2","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/liquid-light-unveils-cost-advantaged-catalytic-process-make-chemicals-co2\/","title":{"rendered":"Liquid Light Unveils Cost-advantaged Catalytic Process to Make Chemicals From CO<sub>2<\/sub>"},"content":{"rendered":"<p><strong>Monmouth Junction, NJ \u2013 March 5, 2014 &#8211; Liquid Light unveiled its new process for the production of major chemicals from carbon dioxide (CO<sub>2<\/sub>), showcasing its demonstration-scale \u2018reaction cell\u2019 and confirming the potential for cost-advantaged process economics. Because carbon dioxide \u2014 a greenhouse gas \u2014 is low-cost and readily available worldwide, Liquid Light\u2019s customers can profit by producing high-value chemicals from CO<sub>2<\/sub> \u2018waste\u2019; reduce their dependence on oil; and potentially reduce their carbon footprint.<\/strong><\/p>\n<p>Liquid Light\u2019s first process is for the production of ethylene glycol (MEG), with a $27 billion annual market, which is used to make a wide range of consumer products such as plastic bottles, antifreeze and polyester clothing. Liquid Light\u2019s technology can be used to produce more than 60 chemicals with large existing markets, including propylene, isopropanol, methyl-methacrylate and acetic acid.<\/p>\n<h3>Making electrocatalytics practical for harnessing carbon dioxide as an alternative feedstock<\/h3>\n<p>Liquid Light\u2019s core technology is centered on low-energy catalytic electrochemistry to convert CO<sub>2<\/sub> to chemicals, combined with hydrogenation and purification operations. By adjusting the design of their catalyst, Liquid Light can produce a range of commercially important multi-carbon chemicals. Additionally, by using \u2018co-feedstocks\u2019 along with CO<sub>2<\/sub>, a plant built with Liquid Light\u2019s technology may produce multiple products simultaneously.<\/p>\n<p>Liquid Light\u2019s electrocatalytic \u2018reaction cell\u2019 is a key part of the company\u2019s new process to produce major chemicals, like ethylene glycol, from widely available, inexpensive carbon dioxide. Production plants would combine numerous cells, as done today for other mainstream chemicals.<\/p>\n<p>Liquid Light\u2019s advances that enable commercialization include the development of long-lasting catalyst components; the ability to run continuously for extended times; and major progress in energy efficiency.<\/p>\n<h3>Promising economics from low-cost feedstock and proven-efficient process<\/h3>\n<p>Results to date highlight promising economics in three key dimensions:<\/p>\n<ol>\n<li><em><strong>P<\/strong><strong>rocess performance validated at lab scale:<\/strong><\/em> In test runs, Liquid Light has met the targets needed for cost-advantaged production in metrics including energy needed per unit of output; rate of production; yield; and stability\/longevity of cell components.<\/li>\n<li><em><strong>Large savings in feedstock costs:<\/strong><\/em> Liquid Light\u2019s process requires $125 or less of CO<sub>2<\/sub> to make a ton of MEG. Other processes require an estimated $617 to $1,113 of feedstocks derived from oil, natural gas or corn. These differences are especially significant as MEG sells for $700 to $1,400 per metric ton.<\/li>\n<li><em><strong>High project value for technology licensees:<\/strong><\/em> Current estimates show that a 400kT per year Liquid Light MEG plant would offer more than $250 million in added project value as compared to a plant built using the best currently available process technology. A 625kTa plant would have a 15 year net present value of over $850 million to a licensee.<\/li>\n<\/ol>\n<h3>Liquid Light\u2019s process: Reduction in carbon footprint for chemical production<\/h3>\n<p>Liquid Light\u2019s process also reduces the overall carbon footprint for chemical production compared to conventional methods, when powered with electricity produced from natural gas, nuclear, advanced coal and renewable sources. Further, Liquid Light\u2019s process can sequester carbon \u2013 meaning it is a net reducer of carbon in the environment \u2013 when using energy sources like solar, hydro, wind or nuclear power. To further demonstrate this potential benefit, the company also showed the process can be powered by intermittently-available renewable energy sources like solar and wind. The result is that chemicals can be made directly from renewable energy sources and CO<sub>2<\/sub>.<\/p>\n<p>\u201cWe\u2019re delighted to be introducing a new and valuable alternative for the mainstream chemical industry,\u201d said Kyle Teamey, CEO of Liquid Light. \u201cLiquid Light\u2019s technology offers a new and cost-effective way to make everyday products from plain old carbon dioxide. This is a great way to reduce our dependence on fossil fuels while we simultaneously consume an environmental pollutant.\u201d<\/p>\n<p><em><strong>About Liquid Light<\/strong><\/em><br \/>\n<em>Liquid Light develops and licenses process technology to make major chemicals from low-cost, globally-abundant carbon dioxide (CO<sub>2<\/sub>). Customers profit from a lower cost of production, while harnessing their current waste stream; reduce their dependence on cyclically-priced petroleum feedstocks; and can reduce their carbon footprint.<\/em><\/p>\n<p><em>Liquid Light\u2019s first process is for the production of ethylene glycol (MEG), with a $27 billion annual market. Results consistent with cost-advantaged production have been validated at lab scale for key parts of our process; and the process scales in a predictable manner, akin to world-scale chlor-alkali plants.<\/em><\/p>\n<p><em>Liquid Light\u2019s core technology is centered on low-energy catalytic electrochemistry to convert CO<sub>2<\/sub> to multi-carbon chemicals. It is backed by more than 100 patents and applications, and extends to multiple chemicals with large existing markets, including ethylene glycol, propylene, isopropanol, methyl-methacrylate and acetic acid.<\/em><br \/>\n<em>Liquid Light&#8217;s investors include VantagePoint Capital Partners, BP Ventures, Chrysalix Energy Venture Capital, and Osage University Partners.<\/em><\/p>\n<p><strong>Contact<\/strong><br \/>\nLiquid Light<br \/>\nRob Adler<br \/>\neMail: <a href=\"mailto:radler@vantagepr.com\" target=\"_blank\" rel=\"noopener\">radler@vantagepr.com<\/a><br \/>\nphone 415.984.1970 x0104<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monmouth Junction, NJ \u2013 March 5, 2014 &#8211; Liquid Light unveiled its new process for the production of major chemicals from carbon dioxide (CO2), showcasing its demonstration-scale \u2018reaction cell\u2019 and confirming the potential for cost-advantaged process economics. Because carbon dioxide \u2014 a greenhouse gas \u2014 is low-cost and readily available worldwide, Liquid Light\u2019s customers can [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5571],"tags":[],"supplier":[6682],"class_list":["post-19512","post","type-post","status-publish","format-standard","hentry","category-co2-based","supplier-liquid-light"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/19512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=19512"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/19512\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=19512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=19512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=19512"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=19512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}