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Plasma-based point-source CCU technology to recycle CO2 into added value chemicals to decarbonize hard-to-abate industries

Project description

Plasma-based technology converting CO2 into value-added products

CO2 recycling is a cornerstone of a circular carbon economy that aims for a net-zero future. The EIC-funded D-CRBN project introduces advanced technology developed by the PLASMANT research group, a spin-off climate tech company from the University of Antwerp, which can convert CO2. This technology recycles captured CO2 by breaking it into its original building blocks using a proprietary plasma-based method. It is at least five times more efficient than current systems. The carbon capture and utilisation (CCU) process helps decarbonise hard-to-abate industries by eliminating their point source emissions. It also creates value-added products such as e-fuels, polymers and chemicals. This technology provides a profitable, sustainable and flexible solution for CO2 recycling.

Objective

Spin-off from University of Antwerp (PLASMANT research group), D-CRBN is a climate tech company which has developed a cutting-edge technology that enables the conversion of CO2. We recycle captured CO2 and split it into its original building blocks thanks to our proprietary plasma-based technology whose efficiency is 5x higher (or more) than current systems. Our Carbon Capture and Utilization (CCU) process enables not only to decarbonize hard-to-abate industries by eliminating their point source emissions but also to create new value-added products such as e-fuels, polymers, and chemicals. In this way, CO2 recycling is the cornerstone of a circular carbon economy that supports a net-zero future.
We offer one of the most profitable, sustainable, and flexible CO2 recycling solutions to the petrochemical, steel industry, and maritime transport. In other words, we turn a harmful gas causing climate change into a business opportunity.

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Keywords

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIC-2023-ACCELERATOR-01

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Coordinator

D-CRBN
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 499 999,00
Address
OLIEWEG 95
2020 ANTWERPEN
Belgium

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Vlaams Gewest Prov. Antwerpen Arr. Antwerpen
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 607 500,00
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