During the last decade, Svante has invested tens of millions of dollars in developing state-of-the-art solid sorption laboratories with capabilities that cover surface chemistry, thermodynamics, kinetics, rheology, hydrodynamics, cyclic processing, mechanical testing, mechanical sealing, tribology, durability, and contaminants management.
Svante has begun assembly of its pre-commercial production active materials and structured adsorbent bed (SAB) assembly line. The SAB assembly line process consists of mixing, coating, printing, assembling of beds, and testing for quality control and performance.
Our first commercial manufacturing line is located in Burnaby, BC, Canada. The line has been designed to run 24/7 with the ability to supply beds for plants that capture from 30 to 5,000 TPD of carbon. A single Svante plant capturing 3,000 TPD, for example, would capture a million tons of carbon a year, equal to eliminating the annual emissions of more than 200,000 cars.
Svante conservatively estimates there is capacity for 10,000 such plants globally, at a cost of $2 trillion.
At that level, Svante’s industrial customers could capture approximately 10 gigatonnes per year, or more than two times the emissions of all the motor vehicles on earth, including cars, buses and trucks.
This first manufacturing line, when at commercial capacity, is expected to be a profit center while serving the needs of research and development in further refining the structured adsorbent bed process.
Svante plans to roll out production of our state-of-the-art carbon capture technology in full capacity to serve the broad commercial market by the end of 2023.