Innovative Low-Carbon Technology
Cemvita Factory and Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental, announced that they have reached an investment agreement. OLCV’s investment will advance the development of new bio-engineered pathways that use CO2 as feedstock for sustainable production of intermediate chemicals and polymers.
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.
Source / More : Occidental
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