By promoting 70% carbon footprint reduction as well as providing competitive pricing (€2/Kg) and high quality for PET produced, Threading CO2 contributes to the following key impact objectives embedded in the call topic targeted:
1) Utilise CO/CO2 streams to produce added value products and/or intermediates of wide industrial interest e.g. polymers, resins, chemicals, food/feed ingredients, minerals, etc. Excluding fuels and/or energy carrier. In this regard, Threading will promote 70% carbon footprint reduction, competitive pricing (€2/Kg) and high quality for PET produced;
2) Enhance the market for CO/CO2 based products providing economically viable and sustainable alternatives to existing products with strong market interest in one or more applications (e.g. consumer products, feed/food ingredients, automotive, construction, etc.). In this regard, Threading CO2 will
3) Develop concepts enabling 100% utilisation of RES (e.g. electrified processes, concentrated solar, etc.) coping with potential fluctuations in the energy supply;
4) Achieve at least 60% GHG emissions mitigation in the overall lifecycle compared to existing processes for the same products (or relevant benchmark);
5) Develop mature technologies for separation/purification of CO/CO2 containing waste streams to allow the integration in the targeted industry sector/sectors.