Sector News

Liquid Light Named a Finalist for ICIS Innovation Award

September 2, 2014
Chemical Value Chain

Get involved in the discussion! Click here to comment on this story

MONMOUTH JUNCTION, NJ – (Marketwired – Sep 2, 2014) –  Liquid Light announced it has been named a finalist in the 2014 ICIS Innovation Awards. ICIS is the world’s largest information provider for the mainstream global chemical industry. Liquid Light has been selected as a finalist in the Best Innovation by a Small or Medium-Sized Enterprise category, for its process technology to convert carbon dioxide (CO2) into high-value major chemicals.

Finalists for the ICIS Innovation Awards are chosen by a panel of industry experts. The awards recognize companies that have made significant steps forward in technological and business innovation, to address real industry problems from a business and environmental standpoint. Meeting all these criteria, Liquid Light’s technology converts a harmful, low-cost feedstock into high-value chemicals through innovations in energy-efficient catalytic electrochemistry. The company’s first process is for the production of ethylene glycol (MEG), which is used the production of everyday products such as PET-based plastic bottles, polyester and antifreeze.

Recognition as an ICIS Innovation Award finalist further solidifies Liquid Light as an emerging leader in technology directly useful to the mainstream chemical industry. This honor further extends a stream of recognition, which includes Liquid Light’s Chief Science Officer, Emily Cole, being named one of MIT Technology Review’s Innovators Under 35, and winning the CCEMC Grand Challenge Grant.

“We’re honored to be named a finalist in the ICIS Innovations Awards – especially as we just unveiled our technology in March,” said Kyle Teamey, CEO of Liquid Light. “This award confirms we’re solving a real problem – and that the industry is very interested. We’re looking forward to working with partners to further scale and deploy our technology.”

About Liquid Light
Liquid Light develops and licenses process technology to make major chemicals from low-cost, globally-abundant carbon dioxide (CO2). Customers profit from a lower cost of production, while harnessing their current waste stream; reduce their dependence on cyclically-priced petroleum feedstocks; and can reduce their carbon footprint.

Liquid Light’s first process is for the production of ethylene glycol (MEG), with a $27 billion annual market. Results consistent with cost-advantaged production have been validated at lab scale for key parts of our process; and the process scales in a predictable manner, akin to world-scale chlor-alkali plants.

Liquid Light’s core technology is centered on low-energy catalytic electrochemistry to convert CO2 to multi-carbon chemicals. It is backed by more than 100 patents and applications, and extends to multiple chemicals with large existing markets, including ethylene glycol, propylene, isopropanol, methyl-methacrylate and acetic acid. Liquid Light’s investors include VantagePoint Capital Partners, BP Ventures, Chrysalix Energy Venture Capital, and Osage University Partners.

By Rob Adler

Source: PennEnergy

Join the discussion!

Your email address will not be published. Required fields are marked *

Related News

November 15, 2019

The new era of sustainable supply chains

Chemical Value Chain

LinkedIn Twitter FacebookTo improve sustainability, materials manufacturers are welcoming new digital technologies and process innovations into their global supply chains From palm oil to plastics, the global supply chains of […]

November 14, 2019

Current chems recycling not enough to make significant dent in oil demand – IEA

Chemical Value Chain

LinkedIn Twitter FacebookChemicals recycling technologies that would pave the way for petrochemicals to avoid crude oil as feedstock are still not sufficient to drag down overall demand in coming decades, […]

November 13, 2019

Gabriel acquires select portfolio of alkyd resins from Deltech

Chemical Value Chain

LinkedIn Twitter FacebookUS-based leading speciality chemicals firm Gabriel Performance Products has acquired a selected portfolio of alkyd resins from Deltech Resin. Terms of the transaction were not disclosed. The acquisition […]

Subscribe to our Weekly Newsletter

We're easy to reach