In New Jersey, Liquid Light and Coca Cola have signed a technology development agreement to accelerate the development of mono-ethylene glycol (MEG) from carbon dioxide. Liquid Light‘s technology enables more efficient use of plant material to make MEG, one of the major components used to make The Coca-Cola Company’s plant-based PET plastic bottle, representing up to 30% of Plant Bottles by weight.
For example, a bio-ethanol production facility could make bio-MEG from the CO2 byproduct that results from converting plant material into ethanol. The technology has the potential to reduce both the environmental footprint and the cost of producing MEG.
Liquid Light‘s first process is for the production of ethylene glycol, with a $27 billion annual market. Liquid Light‘s core technology is centered on low-energy catalytic electrochemistry to convert CO2 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, and acetic acid. Liquid Light‘s investors include VantagePoint Capital Partners, BP Ventures, Chrysalix Energy Venture Capital, Osage University Partners and Sustainable Conversion Ventures.
Additional details of the agreement are not being disclosed at this time.
Background on the partners
Liquid Light: The Digest’s 2015 5-Minute Guide: technologies, major past and future milestones, competitive edge and “the Situation”
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