The answer must be given by our children. Because everything we do is our legacy to them. Everything we do should be for a future worth living. That's why we at C1 have been thinking: What can we do to tackle humanity's greatest existential challenge - climate change? And we are convinced: We can achieve a turnaround, with technology.
Because it's not just about what we do, but how we do it. We are completely rethinking chemical production processes and looking at the atomic level to do so. Through computer simulations, we see groundbreaking potentials that were not visible before.
Methanol. A substance that powers our industry. It is one of the most produced basic chemicals and powers a number of chemical production processes. But above all, it powers the global greenhouse effect. The process is based on fossil fuels and 100 years old. Fully optimized.
We have found a competitive way to produce methanol from non-fossil feedstocks. Green methanol. No matter the scale. It’s nothing less but a milestone. It will make shipping and the chemical industry carbon neutral. It saves several gigatons of CO₂ – every single year. It will help to stop climate change.
We think this is a good reason for being here.
So, why are you here?
Methanol is currently based on fossil carbon sources such as gas or coal (feedstock).
The feedstock is converted into methanol, where the carbon is bound chemically. The current production process needs large amounts of fossil fuel for heating, leading to high CO₂ emissions.
The methanol is converted into many other products, including furniture and plastics.
By burning the products at end of life, the carbon contained from the feedstock is released as CO₂ into the atmosphere.
In the transition to net zero, we need to close the carbon cycle and substitute fossil feedstock and fuel by renewable sources such as renewable energy, biomass or captured CO₂.
We are a complementary team made up of successful serial entrepreneurs, highly renowned senior catalysis & chemical engineering scientists and climate-tech strategy consultants. We are backed by an experienced, high-profile board of directors and a world-class scientific advisory board.