ExxonMobil, Mosaic Materials explore new carbon capture technology

ExxonMobil, Mosaic Materials to explore new carbon capture technology

4:44 AM, 27th August 2019
ExxonMobil logo

IRVING, US: ExxonMobil and Mosaic Materials have entered into an agreement to explore the advancement of breakthrough technology that can remove carbon dioxide (CO2) from emissions sources.

Mosaic Materials has progressed research on a unique process that uses porous solids, known as metal-organic frameworks, to separate carbon dioxide from air or flue gas. The agreement with ExxonMobil will enable further discussion between the two companies to evaluate opportunities for industrial uses of the technology at scale.

This engagement builds upon ExxonMobil’s extensive portfolio – in collaboration with startups, academia and governments – to develop next-generation energy technologies that improve energy efficiency and reduce greenhouse gas emissions. ExxonMobil supports Cyclotron Road, a fellowship for entrepreneurial scientists that is managed in partnership between Lawrence Berkeley National Laboratory and Activate, an independent nonprofit.

“New technologies in carbon capture will be critical enablers for us to meet growing energy demands, while reducing emissions. Our agreement with Mosaic expands our carbon capture technology research portfolio, which is evaluating multiple pathways -- including evaluation of carbonate fuel cells and direct air capture – to reduce costs and enable large-scale deployment. Adding Mosaic’s approach will allow us to build on their work to evaluate the potential for this technology to have a meaningful impact in reducing carbon dioxide emissions,” said Vijay Swarup, vice president of research and development for ExxonMobil Research and Engineering Company.

“Through this agreement with ExxonMobil, we look to accelerate the pace of our development and demonstrate the business and environmental benefits that our technology can offer. Our proprietary technology allows us to separate carbon dioxide from nearly any gas mixture using moderate temperature and pressure changes, substantially increasing energy efficiency and decreasing costs,” added Thomas McDonald, chief executive officer of Mosaic Materials.

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