New Iridium CO2-to-Chemicals Platform Featured in Chemical Engineering Magazine

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Excerpt: As more and more CO2 is finding its way into carbon-capture systems instead of the air, the demand for new technologies that actually utilize CO2 is also rising. A new photocatalysis platform developed by New Iridium (Boulder, Colo.; www.newiridium.com) can efficiently convert CO2 into high-value chemicals using ambient temperatures and low-cost hydrocarbon feedstock. “We are using photons to activate chemical reactions, as opposed to high temperatures. Our key expertise is in designing new photocatalysts to absorb photons and channel that energy into breaking and forming chemical bonds,” explains Chern-Hooi Lim, founder and CEO of New Iridium. The key feature behind New Iridium’s CO2 utilization technology is the ability to selectively activate the C–H bond in hydrocarbons, enabling the addition of CO2 to ultimately form carboxylic acids.