Page 164 - CW E-Magazine (20-5-2025)

News from Abroad

FROM EMISSIONS TO SOLUTIONS

Firms driving innovation in CO -based graphite,
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plastics, and methanol bag awards

Companies at the forefront of CO
2
utilisation were honoured at the ‘Inno-
vation Award Ceremony’ held alongside
the ‘CO -based Fuels and Chemicals
2
Conference 2025’ in Cologne, Germany,
recently. Around 230 participants and
45 speakers from around the globe took
part in the 13th edition of the event, recog-
nised as a leading international gathe-
ring for the Carbon Capture and Utili-
sation (CCU) and Power-to-X sectors.

Six nominees presented their pio-
neering CCU technologies at the con-
ference. Attendees then cast their votes
in real time to determine the three win-
ners of the “Best CO Utilisation 2025”
2
Innovation Award. The winning inno-
vations – ranging from battery-grade
graphite derived from CO , to non- non-isocyanate polyurethane (NIPU) Value Europe, recognises pioneers in
2
isocyanate polyurethanes (NIPU), and derived from CO , creating high-per- the field of CCU. CO Value Europe, the
2
2
carbon-negative methanol production – formance elastomeric materials. European association dedicated to CO
mark important steps towards reducing utilisation, brings its expertise in pro- 2
dependence on fossil-based resources. Oxylus Energy, a US-based company, moting sustainable industrial solutions,
was awarded third prize for its direct while Yncoris, a leader in the planning,
The innovation award for “Best electrochemical method for producing construction, and operational support
CO Utilisation 2025” was awarded to green methanol. The company’s Metha- for chemical industry plants, supports
2
the Estonian company UP Catalyst in nol Producing Electrolyser converts the commitment to advance sustainable
recognition of their development of bat- industrial CO emissions directly into technologies. Nova-Institute, an inde-
2
tery-grade graphite derived from CO sustainable methanol using only renew- pendent research institute, contributes
2
emissions. UP Catalyst has pioneered able electricity and water. The award, its extensive expertise in renewable
a process that utilises Molten Salt CO sponsored by Yncoris, and co-organised carbon cycles and sustainability to the
2
Capture and Electrochemical Conver- by Germany’s Nova-Institute and CO award.
sion (MSCC-EC) technology to con- 2
vert CO emissions into durable carbon DIVESTITURE
2
materials, including graphite and car- IFF closes sale of nitrocellulose business
bon nanotubes (CNTs). Their approach
boasts the lowest energy consumption American fragrances & flavours purposes, serving customers primarily
per tonne of graphite produced. firm, IFF, announced that it has com- in coatings and printing inks, and had
pleted the divestiture of its nitrocellu- been part of IFF’s Pharma Solutions
Far Eastern New Century Corpo- lose business, including Walsrode business unit. “The divestiture of our
ration received the second prize for Industrial Park in lower Saxony, nitrocellulose business builds upon our
its FENC TopGreen CO -based NIPU Germany, to Czechoslovak Group deleveraging journey and enables us
2
technology. The Taiwan-based com- (CSG). The business manufactures to focus on our core businesses,” said
pany has developed the world’s first nitrocellulose strictly for industrial Mr. Erik Fyrwald, IFF CEO.

164 Chemical Weekly May 20, 2025

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