Oxy Low Carbon Ventures Invests in Cemvita Factory

Cemvita Factory has received an investment from Oxy Low Carbon Ventures, a subsidiary of Occidental to advance the development of new bio-engineered pathways that use CO2as feedstock for sustainable production of intermediate chemicals and polymers.
Oxy Low Carbon Ventures Invests in Cemvita Factory

Cemvita Factory is a Houston-based biotechnology startup focused on creating economical solutions for a sustainable future. The company’s technology includes a CO2 utilization platform that mimics photosynthesis and other natural processes to produce industrial chemicals and polymers for energy sustainability.

"Cemvita Factory’s CO2 utilization platform has the potential to harness the power of nature and create new, sustainable pathways for the bio-manufacturing of our products,” said OLCV President Richard Jackson.

Cemvita Factory’s bio-manufacturing platform mitigates emissions resulting from traditionally energy-intensive chemical and catalytic conversion processes by operating under ambient temperature and pressure. This same technology is able to turn polymer production into a low carbon activity by utilizing CO2 as a feedstock, a crucial step in building a circular carbon economy. Cemvita Factory is currently working with a number of clients in the energy industry to help them use CO2 as a resource to lower their carbon footprint.

Photo: CO2 Utilization platform uses CO2 as the carbon feedstock to produce value-added products (Cemvita Factory)

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