Registration Form • Jul 6, 2023
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Two patents filed for new solvenst for CO2 capture process
OSLO, NORWAY – 6 July 2023 – Circa Group AS (stock symbol: CIRCA) has applied for patents for two new solvents for CO2 capture processes.
As both the interest and the urgency to capture and transform carbon dioxide (CO2) emissions increases, Circa has developed two new CO2 solvents from its platform molecule, levoglucosenone (LGO).
The two new solvents named Furatech:1 and Furatech:2 are the product of 12 months of development and testing across a range of new LGO-based molecules within Circa’s R&D team.
The Furatech products have been designed to be used in several current CO2 capture processes and discussions are underway about further optimisation with our engineering partners.
“Applying for patents is a major step and we are sufficiently excited about the performance of these two new CO2 solvents that getting protection in place as quickly as possible is a priority,” says Tony Duncan, Circa CEO. “Furatech testing has shown good CO2 capture performance across multiple cycles, as well as lower energy requirements in the desorption phase compared to current industry standards.”
With the ReSolute plant commissioning planned for mid-2024, further testing and trialling of Furatech:1 and Furatech:2 will continue in parallel.
About Circa
Established in 2006, Circa Group converts sustainable biomass into advanced bio-based chemicals with its proprietary Furacell™ process. Its developing levoglucosenone based product portfolio includes bio-polymers and bio-solvents including Cyrene™. By creating renewable chemicals from cellulose, Circa is extracting value from non-food, biomass and addressing a gap in the market by providing bio-based alternatives contributing to a lower carbon and more circular economy.
https://circa-group.com
Investor Contact Media Contact
Tone Leivestad Kathryn Sheridan
Chief Financial Officer Sustainability Consult
Circa Group AS [email protected]
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