CarbonCure, headquartered in Victoria, BC, Canada, upcycles CO₂ into ready-mix concrete products. “Upcycling” means collecting CO₂ from industrial emitters and injecting it into fresh ready-mix concrete to make better concrete. The result is that the CO₂ is permanently embedded within the concrete, thereby becoming “mineralized” within the concrete. The technology is designed for ready-mix concrete producers who are seeking opportunities to differentiate their products and to appeal to the growing green building market.
CarbonCure is an NRG COSIA Carbon X-Prize finalist and is keen to demonstrate its technology at Inventys’ Project CO₂MENT, the carbon capture, utilization, and storage demonstration project planned in 2019-2020 at Lafarge’s Richmond cement sited site.
Carbon Upcycling Technologies
Carbon Upcycling Technologies (CUT) has devised a process to produce advanced solid material additives from CO₂ emissions and cheap solid feedstock. Through a proprietary, patent-pending technology, CUT can chemically adsorb CO₂ emissions into exfoliated fly ash to produce enhanced fly ash (EFA). Per tonne of EFA, CUT’s technology can sequester between 50 to 250 kilograms of CO₂ from the flue gas. The company is headquartered in Calgary, Alberta, Canada.
CUT is an NRG COSIA Carbon X-Prize finalist and is keen to demonstrate its technology at Inventys’ Project CO₂MENT, the carbon capture, utilization, and storage demonstration project planned in 2019-2020 at Lafarge’s Richmond cement site.
Chrysalix Venture Capital
Since 2001, Chrysalix Venture Capital, headquartered in Vancouver, BC, Canada, is one of the longest standing pure-play industrial innovation and alternative energy venture capital firms globally. The firm provides early-stage financing, hands-on assistance, and strategic connections to innovative companies confronting the world’s most important issues in energy and sustainability.
In 2014, Chrysalix became a lead-investor in the Series B financing round.
Devon Energy Corporation, headquartered in Oklahoma City, Oklahoma, USA, is an American independent natural gas, natural gas liquids, and petroleum exploration company focused on onshore exploration and production in North America.
In 2014, Inventys and Devon signed a services agreement to provide a Design Basis Memorandum (DBM) and Front End Engineering Design (FEED) Study for a carbon capture plant of 1,000 TPD for the Devon Energy Jackfish Facility near Conklin, Alberta, Canada.
Emissions Reduction Alberta (ERA)
Emissions Reduction Alberta (ERA) is the Government of Alberta’s primary green technology investment tool. It was formerly known as CCEMC prior to 2016. It allows the province to fully leverage the capacity of the innovation system in support of innovative technologies that will help Alberta be a leader in addressing climate change. ERA provides non-dilutive funding that helps companies attract significant capital more quickly.
In 2012, Inventys and CCEMC signed a contribution agreement to provide match funds from 2012 to 2019 for the development and demonstration of Inventys carbon capture technology from natural gas boiler flue gas at a scale up to 30 TPD.
Husky Energy, headquartered in Calgary, Alberta, is one of Canada’s largest integrated energy companies.
In May 2017, Inventys and Husky signed a Host Site Agreement to conduct a field demonstration program capturing 30 tonnes of CO₂ per day from Husky’s natural-gas-fired boilers for use in CO₂-EOR petroleum extraction at the Husky facility near Lashburn, Saskatchewan. In addition, Husky became an equity shareholder of Inventys. Upon the successful operation of the 30-tonne-per-day (TPD) pilot plant, Husky will have the opportunity to deploy a number of 300- to-600-TPD systems over a period of five years.
Industrial Research Assistance Program (IRAP)
The National Research Council-Industrial Research Assistance Program (NRC-IRAP) is Canada’s premier innovation assistance program for small and medium-sized enterprises (SMEs). It is a vital component of the NRC, a cornerstone in Canada’s innovation system, regarded world-wide as one of the best programs of its kind.
IRAP was the first government funding organization to support Inventys back in 2009. Its support helped the company through challenging times in the market when investment in clean technology was not readily available and continues to play an important role in the organization’s progress.
Natural Resources Canada
Natural Resources Canada (NRCan), is the ministry of the government of Canada that ensures the responsible development of Canada’s natural resources, including energy, forests, minerals and metals.
In 2016, NRCan, through its Energy Innovation Program, funded Inventys to help accelerate the deployment of Inventys’ next-gen carbon capture pilot plant. The funds are supporting the development of a 30-tonne per day (TPD) CO2-capture pilot plant at Husky Energy’s Pikes Peak South Lloyd thermal project.
Founded in 1995, SiliCycle Inc. is a worldwide leader in the development, manufacturing and commercialization of high value silica-based and specialty products for chromatography, analytical and organic chemistry. The organization is headquartered in Quebec City, Quebec, Canada. SiliCycle also offers R&D and contract manufacturing services in organic chemistry.
In 2017, Inventys and SiliCycle signed a Collaboration Agreement for the development, production, and sales of amine-functionalized silica as advanced adsorbent materials.
Stantec Inc., headquartered in Edmonton, AB, Canada, is an international professional services company in the design and consulting industry. Founded in 1954, Stantec provides consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, and project management for infrastructure and facilities projects.
In 2017, Inventys and Stantec signed a Consulting Agreement to provide engineering, procurement, and construction management services for its 30-TPD pilot plant for CO₂ capture at Husky in Lashburn, Saskatchewan, Canada.
Suncor Energy is Canada’s leading integrated energy company, headquartered in Calgary, AB, Canada. Suncor’s operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. The company is working to responsibly develop petroleum resources while also growing a renewable energy portfolio.
In 2012, Inventys and Suncor signed a research agreement to provide matching funds with SDTC, IRAP and BP plc and to execute the first SDTC project milestone objectives (bench top demonstration of a 0.5 TPD unit) to position Inventys’ carbon capture technology for the next level prototype demonstration objective to be funded by Climate Change and Emissions Management Corporation (CCEMC), now Emissions Reduction Alberta.
Sustainable Development Technology Canada (SDTC)
Sustainable Development Technology Canada (SDTC) is an arms-length foundation created by the Government of Canada to fund new clean technologies. SDTC supports the development and demonstration of early-stage clean technology projects.
Since 2016, SDTC granted funding to Inventys in two separate rounds for technology research and development and demonstration at lab and field scale. The work will culminate with the commissioning of the 30-TPD pilot plant at Husky Energy’s site in Saskatchewan.
Western Innovation Initiative (WINN)
The Western Innovation (WINN) Initiative is a five-year federal initiative, provided through Western Economic Diversification Canada, that offers repayable contributions for small and medium-sized enterprises (SMEs) with operations in Western Canada, in order to help move their new and innovative technologies from the later stages of research and development to the marketplace.
Since 2015, Inventys has benefitted from WINN program funding for the purchasing of major equipment for its pilot adsorbent bed manufacturing facilities.