Breakthrough CO2 re-use programme seeks new industrial partners to turn CO2 emissions into a source of value for European industry.
Düsseldorf, 11.30am CET, 21st October 2016: An open innovation programme to replace petroleum with CO2 as a feedstock in the manufacture of plastics today formally launches at K-Fair in Düsseldorf.
Led by Climate-KIC and Covestro, the EnCO2re programme has more than a dozen leading research partners in seven countries and is now ready to work with industrial partners to take CO2 re-use out of the laboratory and deploy it at scale.
The first commercial-scale applications of CO2 re-use could be polymers and chemical intermediates that are the basis of the plastics we use every day, including in our furniture, the panels that insulate our homes, and under the hood of our cars.
Professor Charlotte Williams, Professor of Catalysis and Polymer Chemistry, Oxford University, says: "Industry and academia need to work hand in hand to solve the world’s biggest challenges. Being part of EnCO2re helps us collaborate with some of the world's CO2 re-use experts toward a common goal. Only together we can move more quickly toward sustainable industrial processes."
Greenhouse gas emissions are a major cause of man-made global warming. EnCO2re’s partners demonstrate that the CO2 re-use market has the potential to grow by more than 20 times its current size, reaching up to 3.7 billion tonnes per year – an amount equal to roughly 10% of global emissions. In this way it can complement efficiency and direct emissions reduction by helping us to:
Shift away from fossil fuel feedstocks
Manage the carbon footprints of large CO2 emitters
Make plastics more environmentally sustainable
However, CO2 re-use technologies currently face technical, commercial and financial barriers to development and widespread deployment. EnCO2re is an innovation hub, partner network and market development programme aimed at breaking down those barriers.
Sira Saccani, Director of Sustainable Production Systems at Climate-KIC: "Cooperation between research and industry is essential to commercialising breakthrough technologies, and CO2 re-use is no exception. Through the EnCO2re programme, Climate-KIC is bringing together top research institutes with industrial partners to turn CO2 from an environmental threat to a valuable industrial feedstock."