Published by Todd Bush on December 26, 2024
UP Catalyst, a leader in renewable carbon material production, has been awarded first place in the prestigious World Economic Forum Carbon Capture and Utilization (CCU) Challenge. The challenge evaluated companies worldwide to identify breakthrough innovators reducing atmospheric carbon dioxide levels through smart solutions. Selected from a pool of 315 submissions, UP Catalyst’s groundbreaking technology emerged as the leading innovation for transforming industrial CO₂ emissions into high-value carbon products.
UP Catalyst Wins World Economic Forum’s Prestigious Carbon Capture and Utilization Challenge
>> In Other News: SBTi Updates Decarbonization Plans for Oil, Gas, Chemicals, and Power Sectors
The CCU Challenge, funded by the Ministry of Economy and Planning in collaboration with the Ministry of Energy of the Kingdom of Saudi Arabia, is a global initiative aimed at identifying and supporting cutting-edge startups advancing industrial carbon capture and utilization technologies. Winners benefit from tailored support, access to exclusive networks, and a share of the CHF 300,000 prize pool.
Dr. Gary Urb, CEO of UP Catalyst, said: We are honored to receive this prestigious recognition from the World Economic Forum, “This award underscores the transformative potential of our technology to redefine industrial emissions as a resource while aligning with global sustainability goals. It validates that lowering CO₂ levels doesn’t just mean storing it underground—it holds far greater potential as a feedstock for creating valuable products.”
UP Catalyst’s Molten Salt Carbon Capture and Electrochemical Transformation (MSCC-ET) technology revolutionizes the production of battery-grade graphite by converting CO₂-rich flue gases into materials with a carbon footprint over 700 times lower than that of conventional synthetic graphite producers. This innovative process is not only significantly more energy-efficient but also reduces production time by weeks, setting a new standard for sustainable material manufacturing. Graphite, recognized as a critical raw material in the EU, US, Korea, and Japan, significantly enhances the geopolitical value of this innovative technology developed in Tallinn, Estonia.
The announcement highlights the strategic importance of CCUS technologies in combating climate change and underscores the critical role of innovation in achieving a sustainable global economy.
Dr. Urb added: Winning this challenge propels us to the forefront of the carbon utilization landscape, “It provides an incredible platform to expand our impact and forge new collaborations within the global energy and raw materials sectors.”
For more information about UP Catalyst and its award-winning technology, visit www.upcatalyst.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚢 CF Industries, Trafigura, and Envalior Announce Shipment of Certified Low-Carbon Ammonia 🥤 Skytree Validates DAC System to Generate Pure, Beverage-Grade Liquid CO₂ On-Site 💻 Su...
Inside This Issue 💰 Louisiana's $3.5B Carbon Capture Surge Sets National Decarbonization Blueprint 🌍 UN Climate Summit To Feature First-Ever Carbon Removal Pavilion At COP30 🚛 AtmosClear Selects E...
Inside This Issue 💧 Five US Green Hydrogen Projects Begin 2025 Shift to Cleaner Energy 🪨 Conestoga Energy Submits Class VI Carbon Capture & Sequestration Permit Application to EPA Region 7 ⚡ P...
Lyon-Saint Exupéry Airport (LYS) has reached net zero emissions a year early, marking a major sustainability milestone for VINCI Airports’ global decarbonisation programme. VINCI Airports has anno...
Brossard, Quebec – TheNewswire – October 6, 2025 – Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“Charbone” or the “Company”), a company dedicated to building North America’s fi...
CF Industries, Trafigura, and Envalior Announce Shipment of Certified Low-Carbon Ammonia
NORTHBROOK, Ill., October 3, 2025 – CF Industries Holdings, Inc. (NYSE: CF), the world’s largest producer of ammonia, today announced a shipment of certified low-carbon ammonia from its Donaldsonvi...
Orlando, FL., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Sustainable Green Team, Ltd. (OTC:SGTM) (“SGTM” or the “Company”), a leader in environmentally beneficial solutions, today announced the formation of...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.