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#5 Using Algae to turn CO2 into circular chemicals and why you need partnerships to drive change ft. Joppe Verbokkem & Paul von Kirchbach
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Episode #5 explores the chemicals and plastics value chains and a technology that uses CO2 as a renewable resource for circular chemicals production. A key discussion topic is the importance of partnerships in driving circular transformations and the need for collaboration across value chains. The conversation delves into the technology developed by Photanol, a Dutch startup, which uses CO2, sunlight, water, and bacteria to convert carbon into renewable chemicals. Renolit and Photanol are partnering to develop a technology that converts CO2 into renewable chemicals for plastics and other products. The collaboration aims to transition the chemical industry away from fossil fuels and towards a more sustainable and circular economy. The technology uses CO2 and sunlight as inputs and has the potential to significantly reduce carbon emissions. The first commercial facility is expected to have an impact equivalent to the annual emissions of 10,000 passenger cars or 10,000 round trips between New York and London.
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