We reported this week that Avantium has acquired Liquid Light’s assets and will take the technology forward. Liquid Light developed electrocatalytic technology to make major chemicals from low-cost, globally abundant carbon dioxide. The company’s technoloigy propelled it to a #1 ranking in the Hot 40 (emerging companies) a few years back.
Liquid Light’s first process was 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’s technology can be used to produce more than 60 chemicals with large existing markets, including propylene, isopropanol, methyl-methacrylate and acetic acid.
Former CEO Kyle Teamey gave this overview of the technology at ABLC.
