US supermajor ExxonMobil and engineering firm Mosaic Materials have entered into an agreement to explore technology that can remove carbon dioxide from emissions sources
Mosaic Materials has researched on a unique process that uses porous solids, known as metal-organic frameworks, to separate carbon dioxide from the air or flue gas.
Vijay Swarup, vice-president of research and development for ExxonMobil Research and Engineering Company, said, “New technologies in carbon capture will be critical enablers for us to meet growing energy demands while reducing emissions.”
“Our agreement with Mosaic expands our carbon capture technology research portfolio, which is evaluating multiple pathways, including evaluation of carbonate fuel cells and direct air capture, to reduce costs and enable large-scale deployment. Adding Mosaic’s approach will allow us to build on their work to evaluate the potential for this technology to have a meaningful impact in reducing carbon dioxide emissions,” he added.
Thomas McDonald, CEO of Mosaic Materials, commented, “Through this agreement with ExxonMobil, we look to accelerate the pace of our development and demonstrate the business and environmental benefits that our technology can offer.”
“Our proprietary technology allows us to separate carbon dioxide from nearly any gas mixture using moderate temperature and pressure changes, substantially increasing energy efficiency and decreasing costs,” he noted.
Mosaic Materials’ agreement with ExxonMobil is part of Mosaic’s commitment to accelerate the impact of its innovative, low-cost technology.
